Catalyst completes purchase of Reed

Catalyst completes purchase of Reed
SHARE
THIS



The sale of the local arm of Reed Business Information has been officially completed, with new owners Catalyst Investment Managers assuming control.

Reed is the largest business to business publisher in Australia, and includes B&T, Australian Doctor, Travel Weekly and Money Management among its titles.

The company, which has been bought for an undisclosed sum, is expected to settle on a new name in the next week, after the sale was completed within the specified three-week window overnight.

Other entities included in the deal include Reed’s directory businesses HotFrog and GoHospitality.

No management changes are anticipated under the new owners.

Please login with linkedin to comment

Latest News

MCN Announces Key Exec Appointments & Unveils New Brand
  • Marketing
  • Media

MCN Announces Key Exec Appointments & Unveils New Brand

Multi Channel Network (MCN) has announced four key executive appointments to lead its new, transformed organisational structure. Nick Young, MCN’s national sales director, has been promoted to chief sales officer, responsible for sales and revenue growth for all MCN divisions (TV, digital, mobile, sport and digital out of home). MCN’s chief commercial and corporate development officer, […]

Luminoso Launches Revolutionary Business Model
  • Media

Luminoso Launches Revolutionary Business Model

Marketing, technology and creative recruitment firm Luminoso is disrupting the recruitment industry with the launch of a new business model that puts its customers’ interests above short-term revenue. Under the new business model, Luminoso will no longer bill its clients on the first day a successful candidate starts work. Instead, it will share the risk […]