The Press Association (PA Group) has sold its Finance Publications division in London, which includes TelecomFinance and SatelliteFinance as well as the related websites and its annual conference TelecomFinance Live, to Transaction Advisors LLC and the new entity formed is called Finance Information Group.
TelecomFinance and SatelliteFinance provide information on M&A, financing and strategy in the global Telecommunications and Satellite sectors.
The acquiror, Transaction Advisors is based in Chicago and publishes select white papers, technical articles and research studies on the critical issues impacting corporate transaction planning, structuring and execution.
Clive Marshall, Chief Executive of PA Group said, “We are delighted to have secured in Finance Information Group a purchaser for the business who is ideally equipped to maximise the potential of the finance publications, which are highly regarded in their respective markets and produced by editors and journalists who are experts in their fields”.
Ed Ansell will remain in his role as Chief Editor and commented “We are excited by the opportunities this transaction provides to expand our reach in North America and build on our presence in Asia by delivering trusted information on these dynamic industries”.
The Regent team for this transaction was led by Dolf Campman.
Regent Partners LLP acted as exclusive Corporate Finance advisor to PA Group.