The acquisition completed in December 2021, with the announcement to staff being made last week.
The acquisition is the third made by Claverley Group since 2018 and follows on from the acquisitions of children’s magazine publisher, Kennedy Publishing and creative design and print management business, Cubiquity.
Claverley Group CEO Phil Inman said: “We are delighted to have concluded the acquisition of HPCi Media. The business benefits from a loyal customer base and has enjoyed year on year revenue growth for a number of years. We look forward to working with the current team to support further growth and development.”
HPCi Managing Director Colin Bailey-Wood said: “After a number of successful years, we believe that the next stage of development for HPCi requires further investment. Claverley Group have a deep understanding of publishing and have the size and scale to support HPCi on the next stage of the journey.”
HPCi will continue to operate from its current base in London, with all staff being retained, says Claverley Group.
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