International legal practice Osborne Clarke has advised the management team of multi-platform international media group, Dennis Publishing ("Dennis"), on its acquisition by Exponent.
Dennis is a leading consumer media and e-commerce organisation, based in London and New York. Its portfolio consists of over 30 brands across four main areas of focus: Current Affairs, Technology, Automotive and Special Interest. In addition to its award-winning flagship title The Week, it is home to several well-known brands including MoneyWeek, The Week Junior, BuyACar.co.uk, Auto Express, CarBuyer, Computer Active, Alphr.com, Cyclist and Viz, among others. Across all its brands it reaches over 50 million readers and sells over 2.5 million magazines every month.
CEO of Dennis Publishing James Tye said: "From the beginning to the (late night!) end of the sales process, I felt that we were in safe hands with Tim and his team at Osborne Clarke.
Their collective experience in the private equity space, coupled with an attentive and knowledgeable approach, meant we could focus on the commercial demands of the transaction, knowing that the Osborne Clarke team had our backs.
My thanks to Tim, Mike, Kate and Lara for representing the Dennis management team so thoroughly and professionally."
Osborne Clarke private equity Partner Tim Hewens said: "It was great to work with James and the team on the transaction, Dennis has built some fantastic brands and we look forward to seeing the business continue to grow."
Tim led the Osborne Clarke team who advised on the matter, he was assisted by Associate Director Mike Freer and Associate Kate Robinson from the private equity team and Lara Flynn from the employment team.
Osborne Clarke has established a market leading reputation as legal advisers to innovative businesses in the marketing, design, content and technology as a service sectors, particularly with transformative transactional projects. It is one of the leading upper mid-market law firms in the UK and internationally, working with both global businesses and also fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.
