Active Interest Media announced it has acquired the venerable Bahamas Billfish Championship as the newest piece of its AIM Marine Group's portfolio. The acquisition also includes the Dania Marine Flea Market. Terms of the acquisition were not disclosed.
A formal announcement of the acquisition, to be followed by a reception, will be held at the Yacht & Brokerage Show in Miami Beach on Friday afternoon from 4:30 p.m.-6:30 p.m. at the BBC Booth located at Sportfishing Row on Ramp 6 on Collins Avenue.
The Bahamas Billfish Championship (BBC), founded in 1973, is a world-class fishing tournament series consisting of four tournaments held April through June. Al Behrendt took over production of the BBC in 1981. Last year, Behrendt retired and his daughter Jennifer Dudas assumed the reigns of the event.
"We are very excited," said Dudas. "This gives us access to all of the great resources of AIM Marine Group - their magazines, websites and events team. The BBC and the Dania Marine Flea Market will continue to grow with AIM behind us." Dudas will remain on as producer of both the BBC and Dania Marine Flea Market.
"With Jennifer Dudas' expertise in producing the BBC and AIM Marine Groups' experience in event exhibitions, the potential for growth and additional sponsorship for the tournament will be tremendous," said Gary DeSanctis, group publisher and general manager of the AIM Marine Group.
"One of the things we've always prided ourselves on with the BBC is that it was a great showcase for the industry, from marine electronics to fishing tackle, and it gives the manufacturers the chance to interact with the users," Behrendt said. "This partnership is good for everyone involved -- a great way for the BBC to grow and for AIM to broaden its horizons."
The 2015 BBC series will begin in Guana Cay at Orchid Bay Marina, amid the marlin-rich waters of the Abacos, to kick off Leg One from April 22-25.
Behrendt founded the Dania Marine Flea Market in 1979 and grew the event into the largest marine flea market in the world. Corporate vendors and private individuals sell used boats, fishing tackle, marine equipment, diving gear, new and used scuba gear, marine artwork, marine electronics, outboard motors and everything boat related. The event returns March 12-15 to Hallandale Beach, Fla.
For more information, contact Jennifer Dudas
Tom Jones of Transworld Business Advisors represented Al Behrendt and Jennifer Behrendt Dudas in the transaction.
About Active Interest Media
Active Interest Media Inc. is a leading publisher of enthusiast consumer shows and publications across all media platforms. AIM's titles include Yachts International, Sail, Power & Motoryacht, Soundings, Soundings Trade Only, PassageMaker, Yoga Journal, Backpacker, Ski, Skiing, Warren Miller Films, Vegetarian Times, Black Belt, American Cowboy, Log Home Living and many more.
The company's five publishing groups - Equine, Home Buyer, Healthy Living, Marine, and Outdoor - reach more than 10 million readers in 85 countries around the world. AIM was formed by Wind Point Partners, a private equity investment firm with offices in Chicago and Southfield, Mich., in partnership with CEO Efrem "Skip" Zimbalist III, in October 2003.