Top Right Group eyes up £100m events takeover

 
Oliver Smith
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EVENTS and digital publishing firm Top Right Group, jointly owned by Guardian Media Group and Apax Partners, has entered talks to buy US conference organiser Money20/20.

Talks are believed to centre on plans to merge Money20/20 with Top Right’s events division i2i Events. A possible deal to buy Money20/20, first reported in the Sunday Times, could be announced in the coming weeks.

The potential deal to buy Money 20/20, which focuses on events around the online payments industry, could be worth as much as £100m.

A spokesperson for Top Right Group declined to comment.

The talks come as mergers and acquisitions in the events and conferences sector are increasing.

Separately, the owners of CloserStill Media have mandated DC Advisory Partners to explore strategic options for the conference organiser behind the London Vet Show and the Pharmacy Show in Birmingham next year.

This move could pave the way for a potential sale of the business for over £90m.