Diversified Business Communications announced the acquisition of the Institute of Finance and Management (IOFM) from Greenhaven Partners, a US private equity firm, and UK-based Intelligent Exhibitions Limited, from Owner and Operator Versha Carter, a producer of international exhibitions and conferences.
These two acquisitions add several face-to-face events to the Diversified portfolio as well as expand its print, eMedia and marketing services product lines.
IOFM is the leading resource for information and tools in corporate financial management, accounts payable, credit, receivables & collections and corporate recruiting and security. It produces the largest accounts payable events in the United States, The Accounts Payable Conference & Expo, and publishes trusted industry resources such as the Controller’s Report, Managing Accounts Payable, and RecruitingTrends and provides critical industry resources through its online communities. Under the leadership of its Executive Director, RD Whitney, Diversified will operate these products from its division located in Portland, ME.
Diversified acquires Intelligent Exhibitions’ entire portfolio which includes Ocean Business, biennial events held in the UK with a focus on ocean technology, and two events serving the light detection and ranging (LiDAR) industry, the International LiDAR Mapping Forum and the European LiDAR Mapping Forum. Diversified will add the LIDAR events to its 3D data capture and imaging technology group based in the US which includes the SPAR Point Group products. Versha Carter, the founder of Intelligent Exhibitions, and her team will continue to operate the ocean technology products from the Diversified’s UK division and will focus on launching additional events.