Private equity firm acquires majority stake in biz news site Benzinga
Beringer Capital, a private equity firm that specializes in media companies, has acquired a majority stake in business news site Benzinga for an undisclosed amount. Benzinga, founded in 2010, has a staff of more than 100 and has nearly 25 million readers each month, spanning more than 125 countries. It also organizes conferences to connect […]
Reuters hires Estebarán as European M&A correspondent
Andrés González Estebarán has joined Reuters as European mergers and acquisitions correspondent, based in Madrid. In May 2022, he will then transfer to London. Estebarán was previously working in communications at Banco Santander. Estebarán has previously also worked at Thomson Reuters for over 11 years, from 2008 to 2019 as a journalist and senior journalist. […]
Sen named U.S. M&A editor in charge at Reuters
Reuters has tapped Anirban Sen as its new U.S. mergers and acquisitions editor-in-charge, based in New York. Recently, he was editor-in-charge for finance in Bangalore for the past 2 years. Sen has also worked as a tech reporter for various outlets, including The Economic Times, Mint and Factordaily. Sen holds a post-graduate diploma in journalism […]
Industry Dive acquires Ladders newsletter business for undisclosed amount
Industry Dive has acquired Ladders News Daily Newsletter with approximately 2.2 million active subscribers for an undisclosed amount. It’s Industry Dive’s second acquisition this month. Last week, it acquired PharmaVOICE. After Oct. 15, the Ladders News Daily Newsletter will stop publication and readers will begin to receive daily newsletters from BioPharma Dive, CFO Dive, CIO Dive, Construction Dive, HR Dive, Marketing […]
Crain to acquire cannabis publication Green Market Report
Crain Communications announced Thursday it has agreed to acquire Green Market Report, which covers financial news of the rapidly growing cannabis industry, for an undisclosed amount. Green Market Report was launched in 2017 by co-founders Debra Borchardt, a financial journalist and former Wall Street executive, and Cynthia Salarizadeh, a seasoned public relations expert and legal […]
Industry Dive acquiring PharmaVOICE
Industry Dive, a Washington, D.C.-based business journalism outlet, is acquiring PharmaVOICE, a trade publication for pharmaceutical industry executives, for an undisclosed amount, reports Sara Fischer of Axios. Fischer reports, “The company, which is expected to finish 2021 with more than $80 million in revenue, is pursuing a similar strategy to several other media companies that are trying to remain […]
Indianapolis Biz Journal parent buys Inside Indiana Business
The publisher of the Indianapolis Business Journal has acquired Grow INdiana Media Ventures LLC and its Inside INdiana Business brand, which includes television, radio and digital products, for an undisclosed amount. A story on the Business Journal website states, “The Emmy-award winning Inside INdiana Business with Gerry Dick television show will become a new division […]
Axel Springer, parent of Insider, is buying Politico and Protocol for $1 billion
German publisher Axel Springer announced Thursday that it plans to acquire digital media site Politico for about $1 billion, reports Lauren Feiner of CNBC. Feiner reports, “The acquisition grows the publishing group’s portfolio in the U.S. further, adding to its ownership of Insider and Morning Brew. Axel Springer is the German publishing giant behind major news outlets like […]
CTFN seeks a telecoms reporter
CTFN, a subscription-based investor-oriented news service, is looking for a highly motivated journalist with experience in the telecommunications space, especially as it pertains to M&A and other strategic activity. The candidate will be responsible for providing coverage on potential deal making in the space, corporate strategy, and to some extent the regulatory environment around large […]
Sports Biz Journal parent close to deal for SportTechie
The parent company of the Sports Business Journal is close to an agreement to purchase SportTechie, reports Jacob Feldman and Scott Soshnick of Sportico. Feldman and Soshnick report, “Launched in 2013, SportTechie has offered online news and events, with a listed team of 10 employees. Financial terms of the deal have not been announced. “‘Our parent company, Advance, prohibits us (and […]