Diversified Communications Makes Fifth Acquisition This Year
Buys Singapore-based HRM Asia.
It’s another quarter so it must be time for another Diversified Communications acquisition. The B2B media company recently announced it bought Singapore-based HRM Asia. The deal is Diversified’s fifth international acquisition this year and expands, again, the company’s Asian market share.
Terms of the deal weren’t released, but it’s representative of Diversified’s expansion into more countries.
The company says it now has a presence in eight countries. In addition to Singapore, Diversified has operations in Australia, Canada, Hong Kong, India, Thailand, the U.S. and the U.K.
HRM Asia has a staff of 27, which will all transition to Diversified, and the deal includes HRM Asia’s flagship event, HR Summit, an HRM Congress series of events and HRM Magazine.