
AVCJ: Under new ownership
I am proud to announce that AVCJ is now part of the Mergermarket Group. This brings to an end to Incisive Media’s nine-year tenure as owner of the AVCJ brand.
Our Europe-focused sister publication, Unquote, has also been sold as part of the same transaction. It is intended to bolster Mergermarket's global footprint and expand the provision of private equity and venture capital-related data, events and intelligence.
Mergermarket Group (www.mergermarketgroup.com), a BC Partners portfolio company, is a global media company providing investment banks, advisory professionals, fund managers, private equity firms and other professionals with forward-looking intelligence, analysis and data. Its existing products include Mergermarket, Debtwire, Dealreporter, Infinata, Xtract Research, and the Remark global events division.
So exactly what does this mean for AVCJ? First and foremost, it will be business as usual. The senior AVCJ team - including Tim Burroughs, Darryl Mag, Jonathon Cohen, Sarah Doyle, Anil Nathani, Sam Lau, Helen Lee, and myself - will remain with the brand and transfer to Mergermarket as part of the transaction.
We and our departmental teams will continue to provide clients with the top-level content, events, networking and research that they have become accustomed to receiving from AVCJ. Indeed, it is our hope that the service will only get better. With access to Mergermarket's network of more than 1,000 staff and a presence in 65 countries, complementary products and substantial resources, we want to enhance and expand AVCJ's product line.
As mentioned above, this is not our first sale and we've certainly gone from strength to strength as each new owner has committed to invest in the business. Dan Schwartz, whom some of you know, took over AVCJ in 1992. Through a combination of hard work and changes driven by wider macroeconomic issues (including the Asian financial crisis and dotcom boom) he grew the business to resemble what it is today.
Since the acquisition by Incisive Media in 2006, AVCJ has seen further growth. This has arguably been most visible on the events side as we took the brand into countries such as Indonesia and the Philippines, and also (re)introduced vertical conferences, including our recently concluded ESG forum. At the same time, we have taken AVCJ fully digital and increased frequency of our output to include a daily news alert.
We promise to continue to deliver such impactful products under Mergermarket Group's ownership. We have a number of ideas for new product launches in the near future but are always happy to listen to our clients as well, so please don't hesitate to contact us.
Thank you very much for your support over the years and we hope that we can continue to be an integral part of the private equity and venture capital industry in Asia.
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.