{"id":4402,"date":"2023-05-22T13:49:08","date_gmt":"2023-05-22T05:49:08","guid":{"rendered":"https:\/\/www.imsinoexpo.com\/?p=4402"},"modified":"2023-05-22T13:49:10","modified_gmt":"2023-05-22T05:49:10","slug":"informa-further-strengthens-position-in-the-specialist-b2b-foodservice-market-through-the-acquisition-of-winsight","status":"publish","type":"post","link":"https:\/\/www.imsinoexpo.com\/en\/archives\/4402","title":{"rendered":"Informa further strengthens position in the specialist B2B Foodservice market through the acquisition of Winsight"},"content":{"rendered":"\n

Informa<\/strong>\u00a0(LSE: INF.L), the\u00a0international Academic Markets, B2B Markets and Digital Services Group today announces the addition of specialist B2B Events, Data and Media Group, Winsight for $380m.The combination with Informa\u2019s existing portfolio in Foodservice is both commercially and financially compelling, significantly enhancing our position in a large, growing and fragmented market and delivering strong returns for shareholders.<\/p>\n\n\n\n

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The Winsight business<\/strong>-leading B2B brands for the Foodservice market The company provides a range of specialist B2B Services to the $3 trillion Foodservices industry, including: Live & On-Demand B2B Events, Specialist Data & Research, Specialist Media. Winsight\u2019s revenue is generated almost entirely in North America, where it has a team of more than 300 Colleagues, largely based out of Chicago and Washington DC.<\/p>\n\n\n\n

–Key Highlights<\/strong>–<\/p>\n\n\n\n

Expansion in B2B Foodservice category<\/strong>-The combination of Winsight with Informa\u2019s existing B2B Foodservice portfolio brings together leading specialist brands in Live & On Demand Events (National Restaurant Association Show, FSTEC, Catersource, CREATE), Specialist Data & Research (Technomic, Nation\u2019s Restaurant News Intelligence) and Specialist Media (Restaurant Business, CSP, Nation\u2019s Restaurant News, Supermarket News);<\/p>\n\n\n\n

Strong financial returns<\/strong>-Initial enterprise value of $380m implies post-synergy multiple of c.9x EV\/EBITDA, delivering earnings accretion from the outset and a post-tax;<\/p>\n\n\n\n

Depth in growing B2B Markets<\/strong>-The Foodservice market is large and growing, characterised by a fragmented supply chain and high levels of innovation. The combination will create a category leader offering a range of specialist B2B services, generating annual revenues of $115m+ in the US alone;<\/p>\n\n\n\n

Growth acceleration<\/strong>-Combination expected to create operating synergies through areas such as procurement, real estate, technology and event contracts, as well as incremental revenue opportunities through the cross-marketing of major brands, international sales and digital expansion;<\/p>\n\n\n\n

First Party Data<\/strong>-Informa\u2019s first party data engine, IIRIS (17m+ KEMA) to directly benefit from Winsight\u2019s close relationships with Exhibitors, Attendees and Subscribers, adding an estimated Known, Engaged, Marketable Audience (KEMA) of up to 1 million;<\/p>\n\n\n\n

Ongoing balance sheet strength<\/strong>-Pro-forma leverage now expected to be around 1.25x net debt \/ EBITDA at year end, retaining ongoing flexibility for organic investment, shareholder returns and further targeted expansion.<\/p>\n\n\n\n

For the full press release, please click here<\/a> to visit. <\/p>\n","protected":false},"excerpt":{"rendered":"

Informa\u00a0(LSE: INF.L), the\u00a0international Academic Markets, B2B Markets and Digital Services Group today announces the addition of specialist B2B Events, Data and Media Group, Winsight for $380m.The combination with Informa\u2019s existing portfolio in Foodservice is both commercially and financially compelling, significantly enhancing our position in a large, growing and fragmented market and delivering strong returns for … <\/p>\n

Continue reading “Informa further strengthens position in the specialist B2B Foodservice market through the acquisition of Winsight”<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":4130,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[80,82,78],"tags":[],"class_list":["post-4402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exhibition_news-news-en","category-group_news-en","category-news-en","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/posts\/4402"}],"collection":[{"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/comments?post=4402"}],"version-history":[{"count":0,"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/posts\/4402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/media\/4130"}],"wp:attachment":[{"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/media?parent=4402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/categories?post=4402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imsinoexpo.com\/en\/wp-json\/wp\/v2\/tags?post=4402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}