National World has acquired The Business Magazine Group, which owns 7 titles in the South of England.
The deal has been done via Newsco Insider, the owner of National World’s business events and publishing division, Insider Media.
“We are delighted that the Business Magazine Group is joining our growing portfolio of events and business titles,” said David Montgomery, Executive Chairman of National World.
“TBMG perfectly complements our existing portfolio of Insider brands in the South East and South West of England. Events in particular are a key growth category for National World and the BMG events will help accelerate that growth and strengthen our market position in a key geographical territory of the UK. We look forward to welcoming the BMG team into the Insider Group in the coming weeks.”
TBMG is based in Camberley and also operates 2 regional business magazines and websites.
“It has never been more important for regional businesses to have a voice and presence, to be heard and to be seen,” added Peter Tracey of Hurtwood Capital Limited, which owns TBMG.
“The Business Magazine has been a trusted business brand for over 30 years, with a clear purpose of championing regional businesses and issues in the South of England. I am confident that this acquisition by Insider, part of the ambitious National World group, will continue that purpose and be of great benefit to colleagues, advertisers, sponsors and our audience.”
The deal was completed earlier today.
