National World has recently broadened its footprint in the publishing industry by acquiring The Business Magazine Group (TBMG), which is well-known for its seven titles in southern England.
- The acquisition was executed through National World’s business events and publishing division, known as Newsco Insider.
- The Executive Chairman of National World, David Montgomery, expressed enthusiasm about the acquisition, seeing it as a complement to their existing brands.
- TBMG, based in Camberley, is acknowledged for supporting regional businesses, providing them with a platform to be heard.
- Peter Tracey of Hurtwood Capital Limited highlighted the longstanding reputation of TBMG, assuring that its new ownership will continue to serve its audience effectively.
National World has taken a significant step in the publishing sector by acquiring The Business Magazine Group (TBMG), known for its seven influential titles in the South of England. This strategic acquisition was managed through National World’s Newsco Insider division, which handles their business events and publications.
David Montgomery, Executive Chairman of National World, articulated his excitement, stating, “We are delighted that the Business Magazine Group is joining our growing portfolio of events and business titles.” Montgomery sees the acquisition of TBMG as a perfect addition to their existing business ventures across the South East and South West of England. He emphasized that events are a critical growth area for National World, and TBMG’s events will accelerate their expansion, bolstering their market presence in this key UK region.
TBMG, headquartered in Camberley, not only manages two regional business magazines but also operates corresponding websites. These resources have provided substantial support for regional businesses, allowing them to amplify their presence and voice. Peter Tracey, from Hurtwood Capital Limited, the owner of TBMG, remarked on the enduring trust and purpose associated with The Business Magazine over its 30-year history. He voiced confidence that under the ambitious National World group, TBMG will continue its mission of championing regional enterprises and causes in southern England.
The completion of this acquisition marks a new era for TBMG, with the integration into National World’s expansive framework promising enhanced resources and opportunities for regional businesses. TBMG’s new role within Insider Media is anticipated to benefit not only colleagues but also advertisers, sponsors, and the broader audience.
The acquisition by National World fortifies its commitment to support regional businesses, promising growth and greater influence through enhanced resources.
