CFO Publishing acquires Innovation Enterprise Group
New York—CFO Publishing, publisher of CFO, has acquired the London-based Innovation Enterprise Group, a producer of conferences for senior finance executives. Financial terms of the deal were not disclosed.
With the acquisition, CFO Publishing said its conferences will increase from six last year to about 40 this year.
"It's a highly complementary business to CFO, providing the opportunity to expand our live-event business and allowing us to offer deeper, richer educational tools for senior finance executives,” Alan Glass, chairman-CEO of CFO Publishing, said in a statement. “Additionally, the acquisition provides CFO with a launching pad for expansion into Asia and Europe.”
IEG founder Josie King will serve as managing director of the business and report to Glass.