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
Location
Massachusetts, United States
Transaction Type
Recapitalization

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