Private equity firm Catalyst set to acquire RBI Australia

Tim Burrowes

January 11, 2013 11:43

The publisher of magazines including B&T, Australian Doctor and Australian Mining is set to be sold to private equity firm Catalyst Investment Managers.

B&T reports that an internal staff email says that the sale of Reed Business Information’s Australian operation should be completed in about the next three weeks.

CEO Jeremy Knibbs told staff the move would create “no shocks or radical changes” with the current management team staying in place.

The sale of RBI by parent group Reed Elsevier has been in the offing for a year.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.

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2 COMMENTS

Number Cruncher 17 Jan 13

I read an article about this in The Australian.

Did it include the global Hotfrog business in the price, or was the sale just for all the Australian businesses?

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Hotfrog 30 Jan 13

All of it ……I did not know Hotfrog was a global business – thought it was an AD word steal, think it’s on it’s last leg, funny acquisition for these boys, they don’t seem to have any print in their portfolio….

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