Informa PLC and TechTarget Combine to Form Informa TechTarget
December 3, 2024
Informa PLC has combined its Informa Tech digital businesses with TechTarget to create Informa TechTarget. Informa contributed $350 million in cash and its digital businesses for an approximate 57% equity stake while existing TechTarget shareholders received cash and retain about 43% of the new company; the combined company began trading on Nasdaq under the ticker TTGT.
- Buyers
- Informa PLC
- Targets
- TechTarget
- Sellers
- Existing TechTarget shareholders
- Industry
- Marketing & Advertising
- Location
- Massachusetts, United States
- Transaction Type
- Recapitalization
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