Acquisition of Keesing Media Group by BC Partners

Quore Capital acted as exclusive corporate finance advisor to BC Partners on the acquisition of Keesing Media Group from Ergon Capital and Mediahuis

BC Partners, a leading international investment firm, has announced today that it has signed an agreement to acquire the leading European
braintainment business, Keesing Media Group (“Keesing”) from Ergon Capital and Mediahuis.

Founded in the Netherlands over 100 years ago, Keesing has a presence in over 40 countries and is already the largest puzzle content developer in Europe. It owns a number of market-leading brands and is also in the process of releasing new digital offerings which will allow it to leverage its existing content to new audiences.

BC Partners is confident that Keesing is well positioned to benefit from the increased focus on brain training and mental wellbeing. This investment will support ambitious growth plans for the Company, which includes digital expansion as well as organic growth initiatives in its existing countries (such as France, the Netherlands, Germany and the UK), as well as ongoing consolidation of the European market and entry into new continents.

Announcement date: 13 November 2020

Client: BC Partners
Target: Keesing Media Group
Buyer: BC Partners
Seller: Ergon Capital & Mediahuis