Euromoney has an outstanding record of shareholder value creation through corporate acquisitions. Around two thirds of the past 10 years’ growth has been achieved by acquiring businesses and growing them post-transaction.
The group's strategy is to deploy its strong balance sheet and superior cash generation to fund investments in, and buyouts of, innovative and market leading businesses in data and analytics, digital information, investment research as well as event businesses which can augment the portfolio and have the potential for cross-border expansion.
Euromoney combines the strengths of a private equity style investor (financial discipline, accountability, management rewards) with those of a strategic operator of businesses (market access and customer insight, established platforms, strategic and commercial synergies). A significant competitive advantage is the access to capital provided by shareholders with a long-term outlook, flexible investment structures (often based on staged acquisitions and/or earn-outs), a highly decentralised and sector-focused operating model, and a management incentivisation philosophy that rewards growth, profit generation and long-term value creation.
This approach makes Euromoney a suitable home for business owners seeking to partner with a larger platform to realise the full potential of their company or for ambitious executives looking to build shadow equity through innovation, entrepreneurial drive and management skill.
Euromoney applies tightly defined strategic and financial investment criteria that aim to produce total shareholder returns (TSR) in excess of 15% per year and track the continuous evolution of business models in digital B2B information and media.
Euromoney favours businesses with the following characteristics:
Euromoney is primarily focused on the finance, metals and commodities sectors. However, it also serves the telecoms, legal and insurance markets. We look out for opportunities to build scale in those verticals or to enter new sectors in a substantial and sustainable way.
© 2016 Euromoney Institutional Investor PLC. All rights reserved.