Incisive Media gets debt commitment from RBS for ALM purchase

By Sara Rosenberg

New York, July 5 - Incisive Media has received a debt financing commitment from Royal Bank of Scotland to help fund its acquisition of ALM, according to a news release.

ALM is being bought from U.S. Equity Partners, LP for a total value of about $630 million in cash.

The transaction is expected to close in the third quarter, subject to satisfaction of regulatory approvals and other customary closing conditions.

Incisive Media is a London-based business information provider. ALM is a New York-based integrated media company focused on the legal and real estate communities.

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