BtoB

Number of b-to-b media deals increases, but value falls in Q2

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New York—Bucking a trend in overall merger and acquisition activity in the publishing industry, the number of deals in b-to-b media increased in the second quarter, according to M&A firm Whitestone Communications. However, the value of those deals decreased markedly.

The number of b-to-b deals in the second quarter totaled 16, up from 14 in the first quarter and 12 in last year’s second quarter. The total deal value in the second quarter was $60 million, down from $249 million in the first quarter and $225 million in last year’s second quarter.

The third quarter may produce a large deal, with Reed Elsevier’s Reed Business Information still on the market.

—Sean Callahan

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