All Rights Reserved 2008.
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Date: 02 Dec 09THE PUBLISHING GROUP ENDS YEAR WITH TWO NEW ACQUISITIONS It is the second major acquisition for TPG in recent months and the company is looking forward to further additions to its business in 2010 and beyond. TPG also recently acquired Property Wire, the global property wire news service, which is due to expand further in 2010 with international guides and newsletters offering the latest analysis and commentary. It marks a highly successful year for the new media company which was set up in April 2008 acquiring a number of well established brands from the administrators of Charterhouse Communications, as well as its data. It now means that the group data division has a list of 1.6 million users which it is supplying with up to date information and news across the board. Its other publications are Mortgage Introducer, Homebuying and Investment International. “We have made no secret of our desire to grow our business despite the recession. It is an ideal time for us to be investing in the future. Part of our success is that we ensure our acquisitions fit in with our existing products and complement our plans for the future,” said TPG managing director Ramesh Sharma. “We are delighted with the purchases of Every Investor and Property Wire. This fits in perfectly with our current products and our business strategy. We have already doubled in size this year and we enter 2010 poised to continue with our strategy to expand,” he added. TPG will also be working with its editors to expand the information available both in print and on-line.
Note to Editors: About TPG’s Publications:
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