SMG acquires Financial Services Expo
Shard Media Group (SMG) has acquired Financial Services Expo (FSE).
Shard Media Group is the parent company of Credit Strategy, Reward Strategy, Turnaround, and Restructuring & Insolvency New.
The group believes that the purchase will strengthen its event programme, broadening its offering to lenders, the mortgage community and all professionals working in the sales and distribution of financial products.
Luke Broadhurst, chief executive of Shard Media Group, said: “I have heard time and again that since the credit and banking crises of 2007-2009, that the industry wants more innovation.
“Prosser and FSE provided something different and we aim to build on this further; for the first time bringing the mortgage market together with car finance, alternative finance and a wider variety of loan types.
“Each sector of the market has areas that it excels in and sharing this knowledge can only improve expertise and business practice for everyone.
“I can’t wait to work together as we develop FSE, in conjunction with the Lending Summit and Lending Awards, to bring innovation and excitement to a sector which richly deserves it.”
James Prosser, managing director of FSE Media Ltd, added: “I’m proud to have launched and developed FSE over the past seven years but now is the time to take it to the next level.
“The Shard Media Group directors have the perfect blend of knowledge of the mortgage and wider financial services market; a pedigree in media, conferences and exhibitions combined with business expertise.
“This in-depth knowledge and experience will make the FSE events some of the leading and most valuable events available to lenders, brokers and all financial services professionals.
“Our customers deserve it and personally I can’t wait to work with Luke again to bring genuine innovation and excitement to this richly deserving industry.”
Robert Sinclair, chief executive of the Association of Mortgage Intermediaries (AMI), said: “I’ve known Broadhurst and Prosser for many years and can immediately recognise the perfect blend they and their media brands provide, for the benefit of UK mortgage distributors, brokers and lenders.”