Thomson Reuters has sold its private equity news website PEHub and other publications to Maryland-based UCG for an undisclosed amount.
Jim Beecher of PEHub writes, “The sale was for the collection of publications and conferences including titles such as PEHUB.com and PEHUB Wire, PEHUB Canada, Buyouts and VCJ magazines, Pratt’s Guide, and the PartnerConnect series of events (including PartnerConnect West in Half Moon Bay where keynoter Peter Thiel helps kick us off on Tuesday).
“UCG is recognized as one of the leading providers of specialized financial and business information, with 35-plus years of experience acquiring information services and helping them grow. Financial terms of the deal, closed on Friday, were not disclosed. (Here is the UCG announcement of the deal.)
“Collectively, our group will be known as Buyouts Insider, but you’ll still recognize the individual brands that serve our customers better than any other in the industry. Our PartnerConnect events will continue to be the top networking conferences for senior industry professionals. PEHUB will maintain its position as the industry standard for breaking news and opinion. And our premium brands, Buyouts and VCJ, will remain best-in-class for their broad coverage, trend analysis and data, as they have been doing since the franchise’s founding in 1961.”
Read more here.
