Diversified enhances maritime finance by acquiring Marine Money, boosting its commercial portfolio and industry influence.
Diversified Acquires Marine Money
The US-based events and media group Diversified has acquired Marine Money, a conference and publishing brand that has been active in the maritime finance sector for many years. With this acquisition, Diversified has added a new financial-focused element to its growing commercial maritime portfolio.
The Portland, Maine-based company announced that Marine Money has been acquired from International Marketing Strategies (IMS). Thus, one of the most recognized brands in maritime finance has been brought under the same roof as other maritime brands within Diversified, such as the International Workboat Show, Pacific Marine Expo, National Fisherman, and WorkBoat magazine.
A Global Brand Since 1987
Founded in 1987, Marine Money has built a strong and global following among maritime executives, banks, investors, and consultants through its newsletters, research, and conferences held worldwide, focusing on ship financing and capital markets.
Diversified stated that the existing team, including long-time owners Matt McCleery and Mike McCleery, will be retained, and operations will continue under the Diversified Commercial Maritime Division, led by group vice president Wes Doane.
“A Strategic Expansion Move”
Wes Doane emphasized the significance of the acquisition, stating, “Marine Money is a unique platform that brings together the financial and operational dimensions of the maritime industry. This acquisition represents an extremely strategic step towards expanding and deepening our Commercial Maritime portfolio.”
Matt McCleery noted that the agreement would provide broader access to resources while maintaining Marine Money’s industry-focused structure. McCleery said, “This is a transformative opportunity for us. The partnership will allow for greater investment in digital technology, content creation, and networking.”
Oakley Dyer, Vice President of Strategy and Corporate Development at Diversified, also indicated that the group aims to actively grow its presence in the maritime sector, emphasizing that Marine Money will be a natural fit with its existing events and media platforms.
A New Chapter After the Transition Period
The acquisition took place following a transition period after the passing of Jim Lawrence, one of the founding partners of Marine Money, in June 2025. Lawrence, one of the most recognized figures in the US maritime community, played a significant role in shaping modern maritime finance conferences by founding Marine Money and MTI Network.
Source: www.denizhaber.com
