UK publisher Incisive Media has acquired Open Door Media Publishing (ODMP), which publishes InvestmentEurope and International Investment.
The deal brings together a business – Incisive Media – well known for its presence in the UK financial services sector, with another – ODMP – known for its Continental European presence through print and digital products, an extensive portfolio of more than 20 conferences across Europe, and annual awards recognising true talent in management of cross-border funds.
This highly complementary acquisition will benefit audiences, such as the fund selector community served by InvestmentEurope, as well as asset management businesses looking for distribution both in the UK and across the Continent.
ODMP’s other brand, International Investment, serves the global adviser community and produces the International Fund and Product Awards, now in their 19th year.
ODMP was founded in 2013 by Nick Rapley, chairman, and Louise Hanna, director, through a management buyout of the brand from Incisive Media. Over the past five years it has grown rapidly to become a key provider of business information and networking to the European asset management industry.
The acquisition allows ODMP to build on this growth while accessing a larger and well-resourced event management and digital infrastructure, while giving asset management customers access to a unified pan-European portfolio of events and marketing services.
Jonathon Whiteley, CEO, Incisive Media, said: “We have known and worked with Nick, Louise and their team for many years and are excited that we are able to bring Investment Europe and International Investment back into the Incisive Media fold. This acquisition strengthens our asset management publishing and event properties and adds real depth and quality to our growing portfolio for the benefit of our readers, delegates and asset management clients. I look forward to working closely with Louise and Nick in the coming years.”
Nick Rapley, founder and chairman of ODMP, said: “The integration of Investment Europe into Incisive Media will be hugely beneficial to both our customers and the audiences we serve. We recognise Incisive Media as the leading provider of products and services to the UK market for nearly 25 years. Their knowledge, experience, and extensive resources will allow us to invest in our business so that asset managers can benefit from unparalleled access to both the UK and European fund selector communities.”
Louise Hanna, director, ODMP, said: “Open Door Media provides an invaluable service for the European fund management industry and we are delighted to be able to use the significant resources of Incisive Media to take the business forward for the benefit of the sector. Our customers often want access to both the UK and Europe and now we will be able to offer the best marketing solutions to help them achieve their objectives.”
For further information on Incisive Media visit www.incisivemedia.com