E&E News has been acquired by POLITICO
E&E News, the essential news source on energy and the environment, has been acquired by POLITICO, the dominant source of news on politics and policy for a global citizenry. The deal will substantially expand POLITICO’s footprint in the energy news space and is part of a bigger move to grow its professional news business. E&E News has some 65 reporters in nine offices around the country, adding to POLITICO’s existing 17 editorial staffers focused on energy and environmental news.
Founded in 1998, E&E News offers five publications that focus on policy, market, technology and science news about the energy industry and environmental issues. It primarily targets readers at government agencies, corporations and think tanks.
Founded in 2007, POLITICO has grown to a team of nearly 600 who work across North America, more than half of whom are editorial staff. POLITICO Europe, its six-year-old European edition published through a joint-venture with Axel Springer, has grown to nearly 200 employees. Just this year, the publication started a new subscription offering focused on regulatory affairs, AgencyIQ, opened an office in Canada and launched newsletters on global affairs, sustainability, global health, and China. It expanded its policy offerings with new services on sustainability and cannabis.
One of Oaklins’ TMT teams in New York acted as the exclusive financial advisor to E&E News in this transaction.
Talk to the deal team
Senior AdvisorNew York, United States
Managing PartnerNew York, United States
PartnerNew York, United States
Associate DirectorNew York, United States
Vabi Holding B.V. has been acquired by Vitec Software Group AB
Vabi Holding B.V., the Dutch market leader in building simulation, energy certification and energy advisory software, has been acquired by Vitec Software Group AB. By joining forces, Vabi and Vitec will be able to further expand on the company’s strategy and vision towards the sustainable green building revolution.Learn more
Syslore Oy has been acquired by private equity-backed Escher Group
The shareholders of Syslore Oy have sold the company to Escher Group Holdings plc, a portfolio company of Hanover Investors Management LLP.Learn more
Ferocia has been acquired by Bendigo and Adelaide Bank (ASX:BEN)
Bendigo and Adelaide Bank (BEN) has entered into a share sale agreement to acquire 100% of the shares of Ferocia Pty Ltd for a consideration of up to US$86.3 million. BEN has partnered with Ferocia for more than nine years to deliver BEN’s e-banking app and internet banking platform and in 2018, the collaboration led to the launch of Up – Australia’s highest rating banking app.Learn more