Dubai-based media company ITP Media Group has acquired Singapore-based Heart Media Group, expanding into Singapore, Malaysia and Hong Kong and creating a combined media business spanning the GCC, India and Asia-Pacific.

Heart Media’s brands and staff will eventually operate under the ITP Media name, but the integration will be gradual to preserve Heart Media’s identity, audience trust and client relationships.

The acquisition gives ITP a portfolio of 90 media brands and a physical presence in 10 countries, reaching a monthly audience of more than 200 million people.

Heart's portfolio includes titles such as Grazia, Esquire, ELLE, ELLE Men, LUXUO, Yacht Style, Men's Folio, World of Watches and NOBLE.

Heart Media Founder and CEO Olivier Burlot will join ITP Media’s board and remain at the company in an advisory role as part of a phased equity transition. Wilson Lim will remain in leadership as Managing Director of ITP Media Singapore and Malaysia, working with the existing operational, sales and editorial teams across both markets.