Diversified acquires 2 events firms
The Portland-based Diversified Business Communications has acquired the portfolios of two business events companies, adding several international events to its roster.
The company said in a press release that it has acquired the Institute of Finance and Management, from U.S. private equity firm Greenhaven Partners, and the U.K.-based Intelligent Exhibitions Limited. Those acquisitions include events in various financial services markets and ocean technology.
The company's acquisition of IOFM includes what Diversified says are the largest accounts payable events in the United States and a series of publications, including the Controller's Report and RecruitingTrends, which cover the financial services industry.
The acquisition of Intelligent Exhibitions includes events focused on ocean technology hosted in the United Kingdom, and two other events focused on the light detection and ranging industry.
The move follows a series of recent acquisitions for the company. In 2011, Diversified bought a Boston-based media company focused on primary care medicine and in 2009 acquired three companies, including one in India and Australia.
Diversified now has international divisions in Australia, Hong Kong, India, the U.K. and Canada.
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