Diversified Business Communications Makes Two Acquisitions
April 10, 2013
Portland-Maine-based Diversified Business Communications made two acquisitions - the Institute of Finance and Management (IOFM) from Greenhaven Partners, a U.S. private equity firm, and U.K.-based Intelligent Exhibitions Limited from Owner and Operator Versha Carter, a producer of international exhibitions and conferences.
Both buys will expand not only Diversified’s print, eMedia and marketing services product lines, but also events portfolio.
“These are strategic acquisitions that expand our reach into the business service, ocean technology and 3D data capture and imaging technology businesses,” said Nancy Hasselback, CEO and president of Diversified Communications, who recently announced her impending retirement.
IOFM focuses on 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 U.S., The Accounts Payable Conference & Expo, and publishes industry resources, such as the Controller's Report, Managing Accounts Payable and RecruitingTrends.
IOFM will continue to be led by its executive director, RD Whitney, and Diversified will operate these products from its division located in Portland.
“I am absolutely thrilled to be joining Diversified, and the IOFM platform and team we are bringing has tremendous potential for growth,” Whitney said. “It is going to be a very bright future!”
Intelligent Exhibitions’ portfolio includes Ocean Business, biennial events held in the U.K. 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 U.S., 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 U.K. division and will focus on launching additional events, according to Diversified officials.
Partner Voices
One of the most iconic names on the Las Vegas Strip just got an upgrade. Mandalay Bay has everything that your business needs from a refreshed convention space designed to inspire productivity and creativity, to an impressive selection of world-class restaurants and amenities. If you're looking for a venue that's both inviting and innovative, you have to be here.
New Wave Experiences
Mandalay Bay continues to invest in a new wave of enhancements both in the convention space and within the resort as a whole. New restaurant openings including Orla by Michael Mina, drawing inspiration from the award-winning chef’s childhood in Egypt and with flavors and décor inspired by the spices found in markets common to coastal Mediterranean towns, as well as Caramá by Wolfgang Puck, bringing the essence of Italy and spirit of Wolfgang into one concept, are recent additions. The Four Seasons Hotel Las Vegas also experienced a recent remodel of all 424 rooms. Swingers, a high-end, adults-only golf and entertainment concept will debut in Fall 2024.
Enhanced Technology
Creating a truly effective conference venue requires careful thought into what a business needs: the right technology, capacity, and inspiration to bring ideas to the next level. As part of the resort’s refresh, Mandalay Bay implemented state-of-the-art technology upgrades, installing cutting-edge Cat6A Ethernet cabling throughout the convention center. This advancement doubles the frequency of data transmission, enabling lightning-fast speeds up to 9400% faster. The convention center now boasts 11 dynamic digital walls, spanning up to 24' x 13', strategically positioned for brand placements, sponsorships and targeted event messaging. Additionally, attendees can benefit from 20 double-sided 55" mobile flexible display units, facilitating effortless navigation to meeting rooms and events. RFID locks were installed on all meeting room doors, and over 200 motion detection cameras have been placed throughout the space.
Refreshing New Design & Fine Art
The newly remodeled convention space provides a bright and vibrant atmosphere that complements Mandalay Bay's tropical-inspired brand. Featuring white-washed walls and ceilings adorned with bold floral patterns in cerulean and coral tones, the space is complemented by warm walnut accent walls. In addition to the redesign of all pre-function spaces, meeting rooms and ballrooms, Mandalay Bay's 1 million square feet of exhibit space has undergone a rejuvenation, including new paint, covered pillars and relocated strobe lights.
Sustainable Spectacles
Mandalay Bay is committed to Focused on What Matters and creating more responsible meetings. Refillable water stations all available around the resort, cutting unnecessary plastic usage from single-use bottles.
The Mandalay Bay campus’ recent upgrades represent a bold step forward in redefining the Las Vegas experience. With a focus on innovation, sustainability, and unparalleled service, Mandalay Bay sets a new standard for excellence in business hospitality. Whether you're seeking cutting-edge conference facilities, world-class dining options, or simply a luxurious retreat, an unparalleled meeting experience awaits.
Add new comment