Private equity firm, Exponent, has acquired international media group, Dennis Publishing. Dennis Publishing is a multi-platform media group which owns several brands including its flagship title, The Week. 

Dennis Publishing is a leading consumer media and e-commerce organisation, based in London and New York. Its portfolio consists of over 30 brands across four main areas of focus: Current Affairs, Technology, Automotive and Special Interest. In addition to The Week, it is home to several well-known brands including MoneyWeek, The Week Junior, BuyACar.co.uk, Auto Express, CarBuyer, Computer Active, Alphr.com, Cyclist and Viz, among others. Across all its brands it reaches over 50 million readers and sells over 2.5 million magazines every month.

Dennis publishing is the first investment to be made from Exponent’s fourth fund, Exponent Private Equity Partners IV, LP.

David McGovern from Exponent comments, 'Dennis is a unique, innovative and dynamic publishing and e-commerce business. We believe that there is a significant opportunity to grow both its print and digital platforms, which will allow it to reach and engage even more readers and customers. Exponent is delighted to back James Tye and his team. We look forward to combining their expert knowledge with our own deep experience in consumer media and e-commerce to help further develop Dennis’ strong market positions and build on Felix Dennis’ legacy.'

James Tye, Group CEO of Dennis, comments, 'I’m thrilled to announce this exciting partnership between Dennis and Exponent. I’m confident that Exponent’s experience in our vibrant industry coupled with Dennis’ talented and experienced team, allied with our world class brands, will prove to be a formidable and unbeatable force in the publishing sector. As partners, we share the belief that innovation and ambition are the keys to success and it’s this shared vision that will propel Dennis to its next phase of growth.'

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