Sign in or Register | Newsletter
 
 



Register today to receive each issue absolutely FREE!


Event Sales Executive
Wimbledon

Head of Sales
Manchester

Exhibition Coordinator
South Bucks

Head of Exhibitor Sales
Silverstone Drive, Coventry

Event Senior Sales Executive
Wimbledon

Marketing Executive
Daventry, Northamptonshire




Marketing and event specialist, UKFE tells EN how its inaugural...


Richard Dove from Showplans Technology Group, explores the changing...


Event organisers are harnessing the power of telemarketing to...


Many organisers have dipped their toes in Africa’s water, the...


Darren Poultney, managing director of Smart AV, talks to EN about the...


Jamie Vaughan managing director EMEA of Eventbase tells EN how a...

Exhibition News July 2015
July 2015

Read it online
now for free!

Centaur Media acquires digital marketing information provider Econsultancy
posted on: 22/6/2012 10:40:45
Handshake RESIZED

Centaur Media has agreed to acquire Econsultancy, a digital marketing information provider, for an initial consideration of £12m.

Econsultancy is a digital and events-led information provider to the global digital marketing and e-commerce community in the UK, with a growing presence in the USA, Middle East, Asia and Australia.

The acquisition is subject to shareholder approval, and seen as a key part of the strategy to transform the group into a predominantly digital and events-led business.

Centaur would pay £12m, with a deferred consideration of up to £38m due in 2016, based on EBITDA performance for the year ending December 2015.

Econsultancy has approximately 110,000 registered users and 5,000 subscribers. In the financial year to 31 December 2011, it reported revenues of £6.6m, up 50 per cent year-on-year.

"The earnings enhancing acquisition of Econsultancy provides us with an exciting opportunity to acquire a leading information brand in a high growth sector with global potential," said Centaur chief executive Geoff Wilmot.

"Econsultancy is highly complementary with Centaur and gives us a prominent position in the rapidly growing digital marketing sector with the opportunity to scale internationally. We see considerable potential for collaborative growth through leveraging our existing position in marketing and the development of high value, paid-for information products."

It is proposed that Econsultancy will form part of Centaur’s business information division, but will work closely with its exhibitions division, with the intention of establishing Econsultancy as the "digital marketing expert" for the wider marketing community,

"We're thrilled to be combining all that Econsultancy has to offer with all that Centaur can offer to create a world-class proposition with amazing potential," said Econsultancy CEO Ashley Friedlein.
 
Centaur’s Marketing Week Live show starts on 27 June. The show is offering a visitor loyalty scheme.
 
Got a story for Exhibition News? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS

Hundreds of exhibitors have hailed FaceTime’s latest National Exhibitor Masterclass a success.


Key appointments for Fresh Montgomery
posted on: 3/7/2015 11:00:57
Fresh Montgomery has announced a series of senior appointments for its International Food and Drink Event (IFE).


N200 has launched a new app to give users mobile access to its popular event analytics platform Visit Intelligence.


Manchester Central has achieved the international standard for quality management systems, ISO 9001.


Countdown to Sticky Wicket 2015
posted on: 2/7/2015 11:05:18
Events industry website supplier ASP has stepped up to the crease to support charity cricket match Sticky Wicket for 2015.