Dennis Publishing Ltd. Acquires Kiplinger Washington Editors, Inc.

Mar 05, 2019

Oaklins DeSilva+Phillips (ODP) advised Dennis Publishing Ltd., a portfolio company of Exponent Private Equity LLP, on its acquisition of Kiplinger Washington Editors, Inc., a market leader in business and personal finance information, in print and online.

Kiplinger, founded in 1920 in Washington, D.C. and run by three generations of the Kiplinger family, publishes paid-subscription publications in several financial fields: business forecasting (the weekly Kiplinger Letter); taxes (the biweekly Kiplinger Tax Letter); retirement living (the monthly Kiplinger’s Retirement Report) and yield-oriented investing (the monthly Kiplinger’s Investing for Income).

Its most widely read products are Kiplinger’s Personal Finance, the 600,000-circulation monthly magazine which pioneered personal finance journalism in 1947, and, its website with four million unique visitors and more than 30 million page views per month.

Dennis is a media organizations operating in the US and UK markets. Its portfolio of over 30 brands currently operates in four areas: Current Affairs, Technology, Automotive and Lifestyle, reaching over 50 million unique users and selling over 2.5 million magazines every month.

Dennis currently owns The Week based in New York, which boasts over 550,000 paid-for print subscribers and 5.8 million monthly unique users to its award-winning current affairs website The Week is renowned for both its concise style and the unique balance it brings to an increasingly fragmented and divided news landscape. Dennis was acquired by one of the UK’s leading Private Equity firms, Exponent, in October 2018. Washington-based Kiplinger is the first acquisition that Dennis has made in the US since it changed ownership.

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