Skip to: Navigation | Content | Footer

Barclays supports Centaur with co-arranged £40m facility

Centaur Media Plc has secured a new £40m revolving credit facility with Barclays to support its acquisition strategy.

Author: News Desk

Posted on: 21 June 2012 08:17

Barclays supports Centaur with co-arranged £40m facility

The strategy enables the Group to focus on its core markets while simultaneously investing in digital and events solutions to keep pace with changing reader and subscriber demands.

Centaur Media is a leading provider of business information to high-value professional and commercial markets and delivers its services through market leading brands across three principal media formats: digital, print and events. The Group’s recognition of market changes and new strategies to address this has helped Centaur Media to ride the recession without debt.

“The structural move to digital and the cycle in advertising spend have made the last few years tough to weather in the publishing industry, but with our focus on niche professional and commercial audiences we’ve successfully come out the other side.  With funding from Barclays we’re pursuing a strategy of acquisition and expansion into digital and events which will strengthen our offering and brands, enable us to deliver the right content to our customers in the right format, and build more resilient subscription and events revenues,” said Mark Kerswell at Centaur Media.

Neil Akerman, Relationship Director, Barclays TMT team said: “Since working with Centaur we have seen real vision within the company and our facilities were structured specifically to help them forge ahead with their growth plans. We look forward to developing a strong relationship with our new client over the coming years and supporting them further as they continue to evolve.”

comments powered by Disqus

Most read on InPublishing

These are the most read stories on the InPublishing website over the last 14 days, in order from the top.

Articles

Digital Editions – the rise and fall

Rebekah Billingsley
Posted on: 25 March 2015

Off The Page

David Hepworth
Posted on: 25 March 2015

A 7-Step Social Media Plan For Your New Magazine

Amanda MacArthur
Posted on: 25 March 2015

The Changing Role of the B2B Editor

Robert Jeffery
Posted on: 25 March 2015

Publishing Futures 2015

Jim Bilton
Posted on: 25 March 2015

Porter – aiming high

Ciar Byrne
Posted on: 25 March 2015

An App I Like - The Guardian

Rob Aherne
Posted on: 25 March 2015

Sleeping with the enemy

James Evelegh
Posted on: 25 March 2015

Imagine Publishing

Jo Bowman
Posted on: 25 March 2015

Ian Mean - interview

Steve Dyson
Posted on: 25 March 2015

This list is based on data from Google Analytics, and is refreshed every 24 hours. (Last updated: 25/04/2015 07:01)

Editor's Pick of Recent News Stories

Posted on: 24 April 2015
Posted on: 24 April 2015
Posted on: 23 April 2015
Posted on: 22 April 2015
Posted on: 21 April 2015
Posted on: 21 April 2015

Find out more about

InPub Weekly: Sign-up

Click here to sign up for our free weekly email newsletter:

Sign up now!

Magazine registration