Full coverage: Maximum Media

Entertainment industry investor Mike Ormonde is on the shortlist to acquire the Joe media brand in Ireland and the UK. But he will face competition from a number of UK digital media businesses.

KPMG has been appointed as interim examiner to the Niall McGarry-founded business following a move by the debt financier Beach Point. The examiner now has 100 days to save the publisher behind Joe.ie and Sportsjoe.ie.

Accountancy firm Deloitte has been mandated to sell two of digital publisher’s Maximum Media’s non-core brands. A teaser document has been circulated to potential buyers of these brands. Joe Media, which owns its British business Joe.co.uk, continues to trade strongly.