South Florida Ventures, a division of Informa Markets, Plc, acquired the Newport International Boat Show (NIBS) from the Newport Restaurant Group, adding the show to its boating and yachting events portfolio.
NIBS is a boat show in the Northeast region of the U.S., boasting over 600 exhibitors and the largest in-water display in New England. The show has a 53-year history in Rhoad Island, spanning over 13 acres in downtown Newport while showcasing powerboats, sailboats, marine accessories, products, and services.
South Florida Ventures reported seeing rapid expansion over the past five years, acquiring and launching specialized businesses and brands catering to the luxury lifestyle sector, including, most recently, the Miami International Boat Show.
A producer of successful shows, including the Fort Lauderdale International Boat Show, Palm Beach International Boat Show, the St. Petersburg Power and Sailboat Show, and the Suncoast Boat Show, South Florida Ventures said it is looking to take the Newport International Boat Show to the next level.
“We are delighted to welcome NIBS into the South Florida Ventures family,” said Andrew Doole, president of U.S. Boat Shows, South Florida Ventures. “NIBS is a standout show, reflecting the vibrancy of the boating community in the Northeast. This partnership signifies a true collaboration, driven by a shared dedication to customer satisfaction, community, and a mutual interest in the future growth of NIBS and its brand.”
Lisa Knowles, show director for NIBS, added, “South Florida Ventures is the ideal partner to lead the Newport International Boat Show into its next evolution. This collaboration ensures that NIBS will maintain its renowned quality while gaining access to innovation, insights, and cutting-edge technologies, enriching the experience for exhibitors and attendees alike. We eagerly anticipate welcoming everyone to an even more remarkable 2024 show in September.”
Images courtesy NIBS
