Livingstone’s Media & Technology sector team has advised the shareholders of PEI Media, including LDC, on its sale to Bridgepoint Development Capital.
PEI Media provides market-leading intelligence and analysis for senior professionals in the alternative asset classes of real estate, infrastructure, private equity, private debt and other emerging specialisms such as agri-investors. Its product suite includes globally recognized digital and print publications, specialist sector research databases and events.
Since LDC backed the management buy-out of PEI Media in 2015 (a deal in which Livingstone advised PEI Media’s founding shareholders on their partial exit), the business has significantly invested in the development of its digital and content capabilities, enhanced its subscription offering and doubled revenues from its events arm.
Tim McLoughlin, Chief Executive of PEI Media Group, commented: “The Livingstone team provided first-rate advice throughout and they managed the execution of this transaction with commitment and a deft touch. We very much enjoyed working with Livingstone again.”
Richard Fetterman, Partner at Livingstone, said: “It was a real pleasure to work with Tim and the excellent PEI team again. They have developed the business into a best in class international media group and we are confident that they will continue to flourish in the next stage of their journey, partnering with Bridgepoint Development Capital.”
“PEI’s market-leading intelligence and differentiated offering generated robust interest from a global buyer set. This represents another successful collaboration of our global Media & Technology team and our continued momentum within information services,” commented Andrew Bozzelli, Partner at Livingstone.