value at exit

TI Media (formerly Time Inc. UK) is the largest consumer magazine and digital publisher in the UK. Its portfolio of over 50 titles spans a range of interest areas, from entertainment and women’s lifestyle to luxury, sports and technology. Amongst its titles are household names such as Woman’s Weekly, Country Life, Ideal Home and Trusted Reviews, as well as specialist titles such as Decanter, Wallpaper*, Cycling Weekly and Horse & Hound. Its entertainment titles, including What’s on TV and TV Times, sell more than a million copies each week.

We bought TI Media in 2018 in a complex carve-out from a US corporate. In only eighteen months, we transformed it into an independent business, outperforming its markets by executing distinct strategies across a clearly structured product portfolio, with a greatly simplified operational and management structure and a demonstrable record of cash generation.

We sold the business in 2020 to a strategic buyer.

“Working with the Epiris team has been exciting and rewarding. Together we’ve brought real clarity to the business, and that has enabled us not only to outperform the market but also to attract the right strategic buyer several years ahead of plan.” (Marcus Rich, CEO of TI Media)



Consumer magazines

Entry date:
March 2018

Exit date:
April 2020

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