Industry Dive is acquiring CFO.com for an undisclosed amount, reports Lara O’Reilly of Business Insider.
O’Reilly reports, “Industry Dive also plans to launch a new vertical covering the future of money and finance called Payments Dive early next year, said CEO Sean Griffey. The publication will sit between its banking, retail, finance verticals.
“CFO started in 1985 as a monthly print magazine. The Economist Group acquired the company in 1985 and sold it to private equity firm Seguin Partners in 2010. The title was then acquired in 2016 by events company Argyle Executive forum, which will retain CFO’s in-person events business.
“The acquisition of CFO marks Industry Dive’s first venture into print – the magazine still goes out to a controlled circulation of finance professionals eight times a year – though Griffey said it would assess the magazine’s performance to decide whether to continue it.
“Griffey said the key appeal of CFO is its in-depth features and analysis, plus its database of around 300,000 finance professionals across its website, magazine and newsletters.”
Read more here.
