Informa has reached agreement with Charterhouse Capital Partners and other shareholders to acquire Tarsus, the leading international B2B group, for an initial enterprise value of $940m.
Stephen A Carter, group chief executive of Informa, said: “We have long admired the Tarsus business which, like Informa, has been built around major brands in attractive, specialist B2B markets in the growing regions of Asia, China, the Middle East and the Americas.”
Douglas Emslie, chief executive, Tarsus added: “I am extremely proud of the Tarsus business, our people and our customers. I could not think of a better partner than Informa to lead our brands and colleagues through the next phase of growth and expansion.”
The combination of Tarsus with Informa’s live and on-demand events portfolio brings together market-leading brands and deep customer relationships in a range of attractive B2B markets, they say. The portfolios are highly complementary and there is a strong commercial, operational and cultural fit between the two businesses, creating reach and depth in Asia, China, the Middle East and the Americas.
There is strong portfolio alignment in healthcare (Health Connect Partners), beauty & aesthetics (A4M, LiVDerm), packaging (Labelexpo), infrastructure (Intertraffic), aviation (Dubai Airshow), fashion (SIUF, OFFPRICE) and sustainability (Intersolar, Mexico WindPower).
