JEGI CLARITY acted as sole corporate finance advisor to the shareholders of FC Business Intelligence on their sale to Thomson Reuters having previously advised the founders on their transaction with UK private equity investor, LDC.
FC Business Intelligence (FCBI) is one of the largest and fastest growing independent B2B businesses globally, delivering high-end conferences and exhibitions to diverse sectors including energy, insurance, pharmaceuticals, transportation, travel, strategy and technology. Its offerings help senior business professionals stay at the forefront of change through insight sharing and networking with peers.
This transaction combines Reuters’ globally trusted brand, scale and editorial excellence with FCBI’s deep expertise in highly specialized events for professionals. There is a tremendous opportunity for the business to move into new markets, new geographies and to further enhance value to customers. The business will be re-branded Reuters Events and will be operated as part of the Reuters News division of Thomson Reuters, the world’s largest multimedia news provider.
There was no question who we wanted to advise us again and who we trusted to get us the best result. True to form; the JEGI CLARITY team delivered. We’re really pleased for the shareholders and hugely excited to be joining the Reuters family.
Piers Latimer, CEO, FC Business Intelligence