Incisive Media is a
Business-to-business
Business-to-business (B2B or, in some countries, BtoB) refers to trade and commercial activity where a business sees other businesses as its customer base. This typically occurs when:
* A business sources materials for its production process for ...
financial company. It is based in
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, England.
History
Incisive Media is a
business-to-business
Business-to-business (B2B or, in some countries, BtoB) refers to trade and commercial activity where a business sees other businesses as its customer base. This typically occurs when:
* A business sources materials for its production process for ...
(B2B) financial company founded by Tim Weller, in 1994 with the launch of ''
Investment Week
''Investment Week'' is an investment
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to r ...
''. It acquired Timothy Benn Publishing (owner of ''
Post Magazine
''Post Magazine'' is a British magazine.
It first appeared on Saturday 25 July 1840, just seven months after the introduction of the Penny Post postal system and was the first publication anywhere in the world to be sent by post hence its na ...
'') in August 2000. During the next six years the business completed a number of acquisitions including ''Matching Hat, Risk Waters, Initiative Europe (Unquote), Search Engine Strategies, Global Professional Media, Asian Venture Capital Journal'' and ''Pacific Prospect''. However, as a public company it was difficult to take advantage of some of the larger consolidation opportunities that existed, so in December 2006 Tim Weller led a management buyout deal backed by
Apax Partners
Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of March 2024, the firm had raised and adv ...
that valued Incisive Media at £275 million.
Within a few months of going private, Incisive Media completed the acquisitions of MSM International and UK publishing business
VNU Business Publications Ltd, formerly part of
The Nielsen Company
Nielsen Holdings plc (or Nielsen) is an American media audience measurement firm. Nielsen operates in over 100 countries and employs approximately 15,000 people worldwide.
For most of its history, the company was known for its two subsidiarie ...
, from venture capital group
3i in 2007.
In August 2007 the company completed a deal to acquire
ALM, an American magazine publisher that was backed by
Bruce Wasserstein
Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker, businessman, and writer. He was prominent in the mergers and acquisitions industry, credited with working on 1,000 transactions with a total value ...
, which greatly increased Incisive Media's profits.
However, following the
bankruptcy of Lehman Brothers
The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock, on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to i ...
and the
2008 financial crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
, Incisive Media's markets came under significant pressure. In October 2009 Incisive Media undertook a financial restructuring to cut the costs and stabilize.
In January 2016 Incisive sold the British magazine ''
Legal Week
''Legal Week'' was a weekly British magazine for business lawyers, launched in 1999 by Mark Wyatt and Mary Heaney.
History
It was acquired by Incisive Media
Incisive Media is a Business-to-business financial company. It is based in London, Eng ...
'' to the US legal business publisher
ALM.
In April 2022, Arc and The Channel Company acquired Incisive Media.
11 September 2001 attacks
On 11 September 2001 Incisive Media―at the time known as Risk Waters―was hosting a conference at
Windows on the World, a restaurant located on the 106th and 107th floors of the
North Tower of the
World Trade Center. The people who attended the meeting were killed during the attack on the towers.
Awards
The group received five nominations for the June 2010 Association of Online Publishers awards, and was voted Digital Publisher of the Year. Also it received the same award in 2013, in 2016 and in 2017. Incisive followed this up with a win for Pensions and Benefits UK at the 2017 UK Conference awards.
References
{{reflist, 30em
Business newspapers published in the United Kingdom
Newspaper companies of the United Kingdom
1994 establishments in England
Apax Partners companies