Project: Sale of Medley Global Advisors to the Financial Times, a subsidiary of Pearson
Role: Advised the shareholders of Medley Global Advisors
2010Quayle Munro advises Medley Global Advisors on its sale to the Financial Times
February 2010:
Quayle Munro is pleased to announce that it has advised the shareholders of Medley Global Advisors, a leading macroeconomic policy intelligence advisor, on its sale to the Financial Times, a subsidiary of Pearson. Quayle Munro led the negotiations, structuring and execution of the transaction.
Medley Global Advisors provides forward-looking, actionable and tradable information on global policy and regulatory issues for hedge funds, asset managers and investment banks.
Financial details of the transaction were not disclosed.
Jonathan Gordon, Managing Director, Quayle Munro commented: “We were pleased to have acted for the shareholders of Medley Global Advisors on its sale to the Financial Times. Medley has developed a reputation with its strong client base for high-quality, primarily-sourced insights into geopolitical and macroeconomic developments. The Financial Times will offer Medley an excellent platform to drive future growth.”
Craig Sawin, President, Medley Global Advisors commented: “Since its founding in 1997, Medley has developed an impressive list of clients that places a high value on the timeliness and quality of the intelligence that it provides. The Financial Times brings substantial resources that can be leveraged to continue to grow Medley’s business to the next level.”
John Ridding, Chief Executive, The Financial Times commented: “This acquisition delivers another premium service to an important FT audience and reinforces our strategy of building strong subscriber and digital businesses in core sectors. We see strengths across Medley’s portfolio of businesses, which complement existing FT efforts and strategy, and substantial scope for international growth.”