Promethean portfolio company Data Locator Group (DLG) has acquired the business and assets of Wegener DM Group Plc (WDM) from the listed media group Koninklijke Wegener NV. WDM has created a database on UK consumers and their lifestyles and collects the majority of its data through paper based surveys inserted into newspapers and sent as direct mail.
In November 2018, KPMG announced it would no longer provide consultancy work for its audit clients
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
Following the deal, Plurima's CEO, Luca Marconi, will be appointed as CEO and chair of Log-Os
Calculus Capital invested €2.5m in the media management software provider in 2015