Future PLC Completion of acquisition of SmartBrief (4385H)

TIDMFUTR

RNS Number : 4385H

Future PLC

31 July 2019

31 July 2019

Future plc

Completion of acquisition of SmartBrief

Future plc, the global platform for specialist media, confirms the completion of the acquisition of SmartBrief, Inc.

Zillah Byng-Thorne, Future plc's Chief Executive said:

"SmartBrief is a very welcome addition to our business and will significantly enhance our scale and reach in the B2B sector.

"We look forward to sharing best practice and leveraging SmartBrief's proprietary technology capabilities across Future's B2B and B2C operations."

SmartBrief was advised by JEGI, an independent investment bank focused on media, marketing, information and technology, on this transaction.

Enquiries

 
 Future plc                                     01225 442244 
 Zillah Byng-Thorne, Chief Executive Officer 
 Penny Ladkin-Brand, Chief Financial Officer 
 
 Numis Securities Limited (Financial Adviser 
  to Future)                                    020 7260 1000 
 Nick Westlake, Mark Lander, Hugo Rubinstein 
 
 Instinctif Partners                            020 7457 2020 
 Kay Larsen, Chantal Woolcock 
 

About Future

Future is a global platform business for specialist media, driven by technology, with diversified revenue streams.

The Media division has three complementary high-growth revenue streams: eCommerce, events and digital advertising. It operates in a number of sectors including technology, gaming and entertainment, creative and photography, music, home interest, hobbies and B2B and its brands include TechRadar, PC Gamer, Tom's Guide, Homebuilding & Renovating Show, GamesRadar+, The Photography Show, Top Ten Reviews, Live Science, Android Central, Guitar World, MusicRadar, Space.com, NY TV Week, Creative Planet Network, Tom's Hardware and Cyclingnews.com.

The Magazine division focuses on publishing specialist content, with 80 publications and over 537 bookazines published per year, totalling global circulation of 1.2m. The Magazine portfolio spans technology, gaming and entertainment, music, creative and photography, hobbies, home interest and B2B. Its titles include Classic Rock, Guitar Player, FourFourTwo, Homebuilding & Renovating, Digital Camera, Guitarist, How It Works, Total Film, What Hi-Fi?, ProCycling, Broadcasting & Cable, Multichannel News, AV Technology and Music Week.

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July 31, 2019 11:37 ET (15:37 GMT)