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the May 2008 Issue in PDF Format - Trade Show Executive

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Power Lunch<br />

Cont<strong>in</strong>ued from page 39<br />

Doctors <strong>in</strong> <strong>the</strong> House. Physicians jam a typical Pri-Med conference, which were launched by John Mooney and his team at M/C Communications to provide<br />

cont<strong>in</strong>u<strong>in</strong>g education credits for doctors <strong>in</strong> <strong>the</strong>ir local areas.<br />

medical associations?<br />

John: We never impacted an exist<strong>in</strong>g<br />

association event. We just supplemented<br />

<strong>the</strong>ir activities by fulfill<strong>in</strong>g doctor’s<br />

educational needs on a regional basis.<br />

Bob: Why did you sell <strong>the</strong> company?<br />

John: We started with a ‘ten year plan’ <strong>in</strong><br />

1994 and sold it <strong>in</strong> 2004. By <strong>the</strong>n, Pri-Med<br />

events were runn<strong>in</strong>g <strong>in</strong> <strong>the</strong> U.S., Mexico,<br />

Spa<strong>in</strong> and <strong>the</strong> U.K. We held an auction<br />

and Ba<strong>in</strong> Capital purchased <strong>the</strong> company.<br />

It’s headquartered <strong>in</strong> Boston and I’m still<br />

chairman of <strong>the</strong> board.<br />

Bob: Tell me about your newest venture:<br />

3 Deep Media.<br />

John: 3 Deep Media was just launched<br />

a few weeks ago. My partners are<br />

Dix Wheelock [former executive vice<br />

president of M|C Communications] and<br />

Christ<strong>in</strong>e O’Connell [former manag<strong>in</strong>g<br />

director of bus<strong>in</strong>ess development for<br />

M|C Communications]. Our focus is<br />

twofold: (1) To buy exist<strong>in</strong>g conferences<br />

and exhibitions and grow <strong>the</strong>m with <strong>the</strong><br />

<strong>in</strong>tent to eventually sell <strong>the</strong>m, and (2) To<br />

launch new events. Sound familiar?<br />

Bob: Yes, it does.<br />

John: We’re currently evaluat<strong>in</strong>g a few<br />

acquisitions and some<br />

partnerships with<br />

conference producers<br />

who don’t have trade<br />

shows. It’s too early<br />

to talk about specifics,<br />

but we are excited to be<br />

back <strong>in</strong> <strong>the</strong> trade show<br />

bus<strong>in</strong>ess.<br />

Bob: What about<br />

launch<strong>in</strong>g <strong>in</strong> <strong>the</strong> current<br />

economy?<br />

John: I feel that <strong>in</strong><br />

tough economic times,<br />

as long as your event<br />

ma<strong>in</strong>ta<strong>in</strong>s or grows<br />

market share, you will<br />

be much stronger at <strong>the</strong> end of <strong>the</strong><br />

downturn.<br />

Bob: I sense that you really like this<br />

bus<strong>in</strong>ess.<br />

John: There’s noth<strong>in</strong>g that equals<br />

On to <strong>the</strong> Exhibits! Crowds of doctors peruse <strong>the</strong> booths at <strong>the</strong> Pri-Med<br />

conference. Exhibit areas are kept small, but <strong>the</strong> audience quality is high.<br />

40 <strong>May</strong> <strong>2008</strong> <strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong> www.<strong>Trade</strong><strong>Show</strong><strong>Executive</strong>.com

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