LRP Publications Buys Singapore-based HR Events From Diversified
U.S.-based LRP Publications has added Singapore-based HRM Asia, a business unit of Diversified Communications, to its human resources-focused portfolio.
The new entity complements LRP’s Human Resource Executive® (HRE) magazine and HR Technology Conference & Exposition®, an event dedicated to HR technology.
HRM Asia is a multi-platform network providing an array of thought-leading HR discussion and information to HR professionals of all ranks in Asia-Pacific.
The acquisition will expand LRP’s portfolio of HRE to the region beyond its annual HR Tech China Conference.
Assets attained include three events: HR Summit & Expo, Smart Workforce Summit, the HRM Asia Congress Series; the popular annual HRM Readers’ Choice Awards, HRM Magazine and digital content.
“As the leader in HR technology conferences and content, this acquisition is a logical progression in our global growth plan,” said Rebecca McKenna, vice president of Global Events and Human Resource Executive® Publisher.
She added, “It’s particularly exciting to deepen our relationships with multi-national vendors and HR professionals who are seeking to expand their position across APAC.”
Human Resource Executive® magazine is a print and online publication covering important HR subjects such as HR technology, employee engagement, performance management, organizational leadership and career development.
The HR Technology Conference & Exposition® is LRP’s global flagship event in the HR technology category.
“The Asia-Pacific region is a prime source of business growth and qualified talent,” said Kenneth Kahn, president of LRP Publications and LRP Conferences, producers of the HR Tech Conference and publishers of Human Resource Executive® magazine.
He added, “It’s also a region that has been at the forefront of HR technology trends, especially in its adoption of mobile technologies. HRM Asia has been influential in providing this community with relevant thought leadership. This acquisition enables us to reach even more HR professionals, regardless of where they are in their career path, by delivering quality global content, locally.”
Diversified Communications’ Corporate Vice President Oakley Dyer adds, “These HR conferences and publications fit perfectly within LRP’s existing portfolio and the sale is part of our strategy to narrow our geographic focus, while still investing in new industries that complement our existing portfolio.”
HRM Asia will continue to operate under its own brand. Terms of the deal were not disclosed.