techoraco is the leading global events platform for the digital infrastructure market, convening senior decision-makers across connectivity, data centre, cloud and compute, finance and investment, energy and the wider digital infrastructure ecosystem. Benefitting from strong structural tailwinds in these segments, techoraco is at the heart of critical buying, partnership, and investment decisions via must-attend events that deliver dealmaking meeting opportunities as well as intelligence and brand-building in this rapidly evolving market.
Institutional Investor operates the premier global capital introduction and intelligence platform of curated, event-based memberships connecting asset managers and institutional allocators. Over its 50 year history, Institutional Investor has built long-standing and deep relationships with the leading asset allocators globally and serves a diverse range of asset managers across all areas of public and private markets.
Following completion of these two transactions, Delinian’s portfolio of companies will consist of Altrata (www.altrata.com), BCA (www.bcaresearch.com) and NDR (www.ndr.com).
Delinian CEO, Andrew Pinder, commented: “We are pleased to announce the divestment of these two outstanding businesses. Both are known for the depth and quality of their industry relationships and ability to convene audiences, driving and facilitating the dealmaking that matters in their sectors and delivering tangible customer value. I am delighted that they will have the opportunity to develop further under the Apax Funds’ ownership. Many congratulations to Ros Irving, Noah Hammond, Alex Grose and their respective teams.”
Ros Irving, CEO of techoraco, commented: “techoraco plays an important role in connecting the global digital infrastructure ecosystem. Our events bring together the people and organisations building, financing and enabling the infrastructure that underpins the digital economy. With Apax’s backing, we have a strong platform to continue investing in our events, deepening our customer relationships and accelerating the next phase of growth.”
Noah Hammond, Co-CEO at Institutional Investor, commented: “Institutional Investor has a long and respected heritage at the centre of the global investment management community, and today combines trusted relationships, curated access and senior-level engagement across asset owners and asset managers worldwide. Apax’s support will enable us to build on that heritage and achieve our future ambitions”.
Alex Grose, Co-CEO at Institutional Investor, added: “We see a clear path to build upon our market position, expand the value we deliver to customers and accelerate growth across our global community, and are delighted that Apax will facilitate us on the next step of this journey.”
Mark Sykes, Principal at Apax, said: "We are excited by the opportunity to build a leading events portfolio made up of strong, distinct brands, each retaining their own identity and distinct communities. techoraco and Institutional Investor are two standout businesses with clear leadership in their fields, and our intention is to invest behind each of them to accelerate their growth, while adding further complementary brands over time."
Steve Kooyers, Partner at Apax, added: "techoraco and Institutional Investor operate market leading events in their respective ecosystems, attracting loyal senior audiences, with strong customer relationships built over many years. Both businesses also serve attractive and structurally growing end-markets, and we have been impressed by their management teams and look forward to supporting them on their next phase of growth."
Delinian was advised by BrightTower, Foot Anstey, Seward & Kissel, EY and Oliver Wyman. Apax was advised by Raymond James, STB, EY and Plural Consulting.
These transactions remain subject to customary regulatory approvals and closing conditions. Financial terms are not disclosed.
