Centaur Media has announced it has acquired digital information business Profile Group for £8m.
The deal could be the first of several acquisitions after Centaur said it had secured £40m in additional funding to buy more businesses.
Profile Group, the owner of Foresight News, specialises in providing information to the media, PR and entertainment industries.
It also owns Entertainment News, Fashion Monitor and celebrity agent directory Red Pages, which will sit within Centaur's business information division, alongside titles such as Marketing Week and Creative Review.
Centaur Media Chief executive Geoff Wilmot said: "Profile is a good fit with our core strategic objectives of growing digital subscription revenues in our core markets and expanding our international capabilities.”