The new owner of IMG Worldwide will have an opportunity to capitalize on the 10-year history of the golf industry’s premier international get-together.
IMG has acquired the Golf Business Forum, an annual conference created by KPMG that’s given golf professionals a convenient excuse to visit Italy, Dubai, Scotland, the Czech Republic and other worthy destinations. Andrea Sartori, the face of the accounting firm’s golf advisory practice, believes that IMG “will help bring new life to the event” and take both it and KPMG’s online Golf Business Community “to new levels.”
Forstmann Little, IMG’s owner since 2004, is said to be reviewing offers for its sports management and marketing colossus, which could be worth $2 billion.