BDO advises on acquisition of HPCi Media by Claverley Group Limited (CGL)

BDO LLP has advised on the acquisition of HPCi Media, a leading B2B publisher specialising in cosmetics, beauty and health media.

The Midlands Corporate Finance team acted as M&A adviser to Wolverhampton-based Claverley Group Limited (CGL), which has acquired London-based HPCi Media for an undisclosed sum. The team, which successfully identified the business for purchase and supported in negotiating the deal, was led by John Stephan and Alper Dervish. BDO also provided tax advice on the transaction.

The deal is the third made by CGL since 2018 and follows on from the acquisitions of children’s magazine publisher, Kennedy Publishing, and creative design and print management business, Cubiquity, which BDO also advised on.

BDO M&A Partner, John Stephan, said: “We’re delighted to have worked with the management of CGL on their latest acquisition. With a deep understanding of publishing, CGL is perfectly positioned to support HPCi in the next stage of its growth and development.

Following the deal, HPCi will continue to operate from its current base in London, with all staff being retained.

Phil Inman, CEO, Claverley Group, added: “BDO has again provided us with successful M&A deal identification through its corporate broking offering. This service continues to offer us deal flow access through their sources and research, alongside support on general deal progression.

“The acquisition of HCPi Media provides the Claverley Group with both a further diversification of its managed portfolio brands and widens the audience base for the overall Group.”