Thomson Reuters has put a package of specialty publications on the block, including peHUB, Buyouts and Venture Capital Journal, reports Luisa Beltran of peHUB.
Beltran writes, “The auction is believed to be early. It’s unclear which banker is advising.
“Interested buyers could include Mergermarket, Bloomberg News and TheStreet, one banker said.
“PeHUB, Buyouts and VCJ are produced by Thomson Reuters’ Deals Group, which employs a dozen journalists. Buyouts is a bi-weekly magazine that covers news and trends in the buyouts market; VCJ is a monthly magazine that covers the venture capital business; and peHUB is a blog that covers PE and VC news. The Deals Group also publishes peHUB Wire, a free daily email newsletter . The Wire reportedly has more than 60,000 subscribers. Subscriber numbers were unavailable for Buyouts, which costs $2,695 per year, and VCJ, which costs $2,295 annually. Thomson Reuters also doesn’t disclose the number of monthly unique visitors to peHUB.
“In addition to publishing, the Deals Group produces several conferences a year under the PartnerConnect brand.”
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