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Centaur Media PLC on Thursday said it has agreed the sale of legal business information provider Thelawyer.com Ltd, trading as The Lawyer, for an enterprise value of £43 million. The London-based business consultancy group said the sale to Lighthouse Bidco Ltd, the parent of Legal Benchmarking Ltd, ‘unlocks significant shareholder value and provides cash to the group for the benefit of all stakeholders’. The firm held £24.5 million in net cash as of Tuesday’s market close. The enterprise value of the takeover represented a multiple of 16 times the operating profit reported for The Lawyer in financial 2024. ‘On receipt of the net proceeds from the transaction, the board intends to consult shareholders on the approach to return cash to shareholders,’ Centaur added. ‘Today’s announcement represents a further significant milestone in Centaur’s pursuit to maximise shareholder value. The transaction follows the sale of MiniMBA which completed on 18 July 2025 and the previously announced review of the Group’s operations and strategy with a fundamental part of this review being to address the board’s desire to realise Centaur’s potential and to maximise shareholder value,’ said Centaur Executive Chair Martin Rowland. The deal is expected to close around the start of October, subject to Centaur completing its drawdown of funds. Shares in Centaur Media closed up 17% at 40.25 pence in London on Thursday afternoon. The stock has risen 30% over the past year. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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