The company behind the Sunday Business Post has bought event management company iQuest for an undisclosed sum as part of a "wider strategic plan" for the development of the media and business services group.
EnCircle Business Post 365 said iQuest had “an ambitious pipeline of events” planned for the months ahead, having completed 14 events in the last year in the business, construction, finance, IT and property sectors.
"The acquisition of an events business marks an important part of the new strategy taking shape," said Enda O'Coineen, chairman of Kilcullen Kapital, which bought the Sunday Business Post last year.
Michael Nolan, the seller of iQuest, will become chairman of iQuest. The company will operate the Business Post's existing roster of events and will be led by managing director Sarah Murphy.
Ms Murphy was previously the diretor at the Irish Post, the biggest selling national newspaper for the Irish community in Britain.
“The media landscape is rapidly changing and it is a great honour to take over this new role at iQuest and the Business Post events business and lead such a strong team,” said Ms Murphy.