The 8-year-old publisher, with more than 20 B2B titles including Retail Dive and BioPharma Dive, says it is on track to grow revenue 30% this year, to $60 million. The company confirmed it is also profitable – with 30% margins, as Digiday previous reported – positioning it to make acquisitions.
Backed by private equity firm Falfurrias Capital Partners, which took a majority stake in the business last year, Industry Dive is on an expansion streak. The company told Business Insider it is acquiring CFO.com, an addition that comes just a few months after its first major acquisition in July, when it bought NewsCred's marketing arm.