National World’s latest acquisition marks a significant step in their growth strategy.
- The Business Magazine Group joins National World’s expanding portfolio.
- This acquisition includes seven key titles in the South of England.
- The integration of TBMG is expected to enhance National World’s market presence.
- David Montgomery expresses excitement over the new addition of TBMG.
National World, a prominent media entity, has recently acquired The Business Magazine Group (TBMG), marking a pivotal addition to its ever-growing portfolio. This acquisition encompasses seven influential titles based in the South of England, strengthening National World’s footprint in this strategic region.
The acquisition was executed through Newsco Insider, the business events and publishing division of National World. David Montgomery, Executive Chairman of National World, stated, “We are delighted that the Business Magazine Group is joining our growing portfolio of events and business titles.” This statement underscores the strategic alignment and the anticipated benefits of TBMG’s integration.
Located in Camberley, TBMG operates two regional business magazines and associated websites, offering a robust platform for regional businesses to voice their stories and presence. The importance of having a solid regional media presence in today’s competitive market cannot be overstated, and this acquisition seeks to bolster that.
Peter Tracey of Hurtwood Capital Limited, the owner of TBMG, highlighted the acquisition’s potential to support TBMG’s longstanding mission of championing regional businesses and issues. “The Business Magazine has been a trusted business brand for over 30 years,” Tracey remarked, indicating the value and reputation TBMG brings to National World.
The completion of this acquisition signals National World’s commitment to expanding its regional influence and delivering valuable content to its audience. The estimated positive outcomes include increased market position and enhanced collaborative opportunities between regional businesses.
The acquisition of The Business Magazine Group by National World signals a strategic enhancement of its regional media influence.
