Octomedia snaps up Cirrus Media’s Franchise Business

Miranda Ward

September 20, 2016 1:06

Cirrus Media has sold its franchise business sector, which includes the magazine Franchising Magazine, website Franchise Business and accompanying newsletter, to B2B specialist publisher Octomedia.

The sale of the title was flagged by Mumbrella earlier this month, with the sale coming as little surprise given Cirrus Media’s three-year strategy under private equity ownership to sell its titles gradually.

Franchise Business will now sit alongside Octomedia’s retails titles Inside Retail, Inside Small Business and Inside FMCG.

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Miranda Ward

Miranda Ward worked for Mumbrella from 2013 to 2017, eventually becoming deputy editor. Miranda joined Mumbrella in September 2013 from Sky News.