“Fortunately, The Acquirer didn’t lose its appetite for publication. For 25 years, it has been a rich source of insight for business owners about buying and selling companies. Its focus has always been on transactions and the people who make them happen, but its pages provide a fascinating insight into economic and market changes, as well as the story of how one firm has grown and developed.

“Cross-border transactions were there from the start. In its first edition, The Acquirer reported on the sale of family-owned board and paper merchant Hedsorboard to the Finnish group Metsa-Serla.

“Bold and famous transactions have featured. The MBO of Gardner Merchant in 1992 was one of the signature transactions of the decade. So too were the buy-outs that ensured the successful transition of ownership for two marketing industry icons – Wolff Olins and MORI.

“Flick through the back issues and you will see future giants of the FTSE100 (such as Sage), well-known brands (Topps Tiles) and high-profile entrepreneurs (Luke Johnson) making early appearances. There’s the initial Anglo-French merger that was to create digital products giant PhotoBox. Notable corporate names – IMI, Meggitt, Tilney, Polypipe, Honeywell – crop up regularly as testament to an enduring advisory relationship.

“The pages of The Acquirer also track the emergence of private equity from being “new kids on the block” in the 1990s to being the first-choice exit route for many owner-managers. (It’s worth noting that The Acquirer called the market in 2006: “Sell, sell, sell,” it urged company owners.)

“Its content plots the changes in the business landscape, too; the original editor of the 1990s might not have predicted Livingstone working on transactions featuring luxury spas, online travel (what’s that?), cybersecurity and satellite- based ship monitoring. It also charts the way that owner-managers have become more sophisticated consumers of advisory services; the homespun advice of early editions quickly gives way to an emphasis on detailed sector insight and genuine international reach.

“The Acquirer of 2015 is a very different publication to the four-pager of the 1990s. It features roundtable discussions led by the Lord Mayor of London and articles written by FT journalists. Yet at its heart is sound professional advice, given in an easy and accessible style by people who care passionately about delivering results and have built a successful business themselves – and that has never changed.”