Connect with FOLIO:
         

ADVERTISEMENT



Diversified Communications Buys Accounts Payable Network

Deal expands earlier acquisition of the Institute of Finance and Management.



Bill Mickey By Bill Mickey
12/10/2013

 

Diversified Communications has acquired The Accounts Payable Network and The Accounts Receivable Network from finance media company Financial Operations Networks LLC.

Terms of the deal were not released, but the acquisition adds to one that Diversified Communications made in April when it bought the Institute of Finance and Management.

TAPN and TARN are both member-based sites, providing tools, news and other resources for finance professionals.

"TAPN and TARN join our growing Business Management portfolio and further strengthen our IOFM brand which is already the leasing source of events, peer networks, training, certification, information tools and resources for financial-operations professionals," says Bill Springer, Diversified Communications' group vice president.

The deal is the third since former CEO Nancy Hasselback announced her retirement in April. Hasselback was succeeded in June by former vice president of business development Ted Wirth.

Bill Mickey By Bill Mickey
12/10/2013







RECENTLY in M and A and Finance dots icon
MOST READ on FOLIO: dots icon


CONNECT WITH FOLIO: NOW
         



Find What You Need dots icon

Folio: Marletplace

Seach top vendors, suppliers, service providers & more

Browse & Search the Full Directory Now


CAREER CENTER dots icon