MVF has kicked off 2018 with a bang, today announcing the acquisition of US technology news brand, Tech.co.
Founded in the US in 2006, Tech.co has transformed from a community-building ‘Tech Cocktail’ event to an influential media brand with millions of readers around the world.
MVF’s strategic M&A growth plan centres around expanding the company’s global reach by acquiring high authority digital brands.
MVF CEO Michael Teixeira: “After opening our first offices in Austin, Texas in 2015 we’ve been able to really scale up our operations across the states, and the US is currently our biggest area of growth.
“We are really excited to add Tech.co to our portfolio; as a respected high authority site with an engaged global readership, the brand will help us increase our reach not just in the US, but across the world.
“It’s been a pleasure dealing with Tech.co cofounders Frank Gruber and Jen Consalvo, they are incredibly passionate, talented individuals who should be incredibly proud of the brand they created."
The purchase follows the acquisition of Startups.co.uk in early 2017.
MVF Publishing Director Amy Catlow: “Since welcoming the Startups.co.uk brand to MVF in 2017, our talented teams have proven our ability to scale digital brands through our creative journalistic, editorial and digital marketing expertise.
“We are really looking forward to continuing to build upon the excellent reputation Tech.co has built for engaging readers with useful, up-to-date content and resources, taking this experience to an even wider global audience.”
Tech.co cofounder Frank Gruber has penned an article sharing further details on the acquisition in an article on the site.