This morning we announced the sale of The Business Magazine Group Limited to Newsco Insider Limited, the publisher of Insider Magazine and a subsidiary of National World Plc.
Hurtwood Capital acquired The Business Magazine operations in February 2021 after it had been impacted by COVID (remember work from home, social distancing, etc?). Our only motive was to ensure this much loved regional business title got back on its feet, invest and help it pursue its purpose of being the champion of regional business, getting people togther to meet and tell the stories that deserve to be told of their initiaitves and success.
With the help of an amazing team of people at The Business Magazine led by Richard Thompson, the brand was refreshed, a website completely redesigned and rebuilt, a magazine returned to circulation, events reimagined and delivered, ranking products elevated, new products launched, content given purpose, capabilities in video & animation added and geography extended.
Small metric: Feb ‘21-Nov ’24 The Business Magazine’s Linkedin followers grew organically (unpaid) from 1,700 to 21,450. That reflects the quality of the content produced, events hosted and the combined efforts of a dedicated team.
As The Business Magazine celebrates its 30th year in print, Hurtwood Capital hand over the reins of a far better business in 2024 than that acquired in 2021, with a dedicated team pursuing a noble purpose. The Business Magazine is a perfect fit with Insider and I am confident this transaction will serve colleagues and clients well. I am reassured by the profressionalism I saw from the National World Plc team throughout Mark Hollinshead Sheree Manning Claire Jackson
We wish The Business Magazine, Insider and National World every success in the future.
The Business Magazine Team Richard Thompson, Linda Goodman, Stephen Emerson, Jo Whittle, Alan Lindstrom, Peter Laurie, Keith Thomas, Nicky Godding, Steve Banbury and Scott Whittle to name but a few (present and past). If you are not named, no offence is meant.
Finally, thank you to our legal team at SA Law St Albans & London : Vincent Billings Tahmid Majeed Kiran Afsar who were brilliant (again).