Blog Post

Centaur Buys A Web Forum For Expats’ HR Managers

Stay on Top of Enterprise Technology Trends

Get updates impacting your industry from our GigaOm Research Community
Join the Community!

B2B publisher Centaur is still in the acquisitions game, adding another specialist professional community to its line-up.

It’s buying Forum for Expatriate Management Ltd (FEM), a web community for human resources people who deal with expatriate employees in global companies.

That sounds pretty niche. FEM publishes news, job listings etc and runs events. Centaur is spending £2.5 million in cash and up to a further £4.25 if FEM hits profit targets.

In 2010, two-year-old FEM made £400,000 profit on £1 million revenue, so its finances look pretty healthy. FEM staff will move to Centaur’s office.

Centaur wants to integrate FEM with its business travel shows.