October 2019

Transaction Background

FC Business Intelligence (FCBI) is one of the largest and fastest growing independent B2B businesses globally, delivering high-end conferences and exhibitions to diverse sectors including energy, insurance, pharmaceuticals, transportation, travel, strategy and technology. Its offerings help senior business professionals stay at the forefront of change through insight sharing and networking with peers. 

This transaction combines Reuters’ globally trusted brand, scale and editorial excellence with FCBI’s deep expertise in highly specialized events for professionals. There is a tremendous opportunity for the business to move into new markets, new geographies and to further enhance value to customers.

The business will be re-branded Reuters Events and will be operated as part of the Reuters News division of Thomson Reuters, the world’s largest multimedia news provider.  

Our Role

JEGI | CLARITY led the transaction to bring together FC Business Intelligence with Thomson Reuters, which levered our knowledge and understanding of both businesses, the value of the potential combination and deep understanding of sector trends.

JEGI | CLARITY acted as sole corporate finance advisor to the shareholders of FC Business Intelligence, planning, managing and delivering all aspects of a highly focused process. Our role included leading all negotiations on pricing and deal structure, as well as coordinating due diligence with multiple advisors, delivering a truly exceptional outcome for all shareholders.

“There was no question who we wanted to advise us again and who we trusted to get us the best result. True to form; the JEGI|CLARITY team delivered.

We’re really pleased for the shareholders and hugely excited to be joining the Reuters family.”

Piers Latimer
Chief Executive Officer, FC Business Intelligence