London-based Informa acquires Show Management from Active Interest Media
Founded in 1976, Show Management was purchased by Active Interest Media in 2006 and runs several Florida boat shows
Boulder, CO – March 2, 2017 – Active Interest Media announced today the sale of Show Management/YPI to Informa, the London-based global business intelligence, academic publishing, knowledge and events company.
Founded in 1976, Show Management was purchased by Active Interest Media in 2006. Show Management is best known for growing, with its partners, the Fort Lauderdale International Boat Show, Yachts Miami Beach, and the Palm Beach International Boat Show into three of the world’s largest in-water boat shows, and the St. Petersburg Power & Sailboat Show and Suncoast Boat Show in Sarasota into two of the Florida Gulf Coast’s largest in-water boat shows.
“We can think of no better company than Informa to focus on the continued growth and success of the five Florida boat shows and other events currently produced by Show Management,” said Efrem “Skip” Zimbalist III, Chairman of AIM Media and President of Show Management.
“Informa’s acquisition of Show Management allows for an exciting international opportunity that extends to exhibitors and the marine industry in leading global markets,” said Phil Purcell, President and CEO of the Marine Industries Association of South Florida, and partner with Show Management in the Fort Lauderdale International Boat Show. “The MIASF looks forward to continued collaboration with our partners based on a relationship that has been built over decades.”
“The sale of Show Management is part of AIM’s long-term strategic plan to accelerate our growth,” said Andrew Clurman, AIM President and CEO. “AIM will reinvest the proceeds from this sale to grow our digital video, online education, marketing services, and events in our other verticals.
“AIM has just finished our best year ever,” he continued, “and we now have the resources to fund many exciting opportunities. Meanwhile, we remain fully committed to the marine industry with our leading portfolio of print and digital brands and their related events, and will partner with Informa to grow the industry and our respective businesses.”
JEGI (www.jegi.com), the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented AIM in this transaction.