Some news in the exciting world of Spa industry: Questex Media, which earlier this year bought trade media company FierceMarkets, has bought out SpaTrade, the online media firm which owns social network SpaExec and the related networking events. Questex already owns a bunch of magazine, online sites and events in this space. The SpaTrade site was started in 2000, and says it has 15,000 members representing spa owners, operators, practitioners, and suppliers from 94 countries.
Questex was formed in 2005 from five former divisions of B2B company Advanstar, and is backed by Boston-based PE firm Audax Group. Release.