THE ONGOING development of ifa has helped its parent group secure a top third position in the prestigious BRW Fast 100 ranking.
Momentum Media – which includes publishing arm Sterling Publishing, the producer of ifa – ranked in 33rd position, registering a three-year average growth rate of 73 per cent.
The 2013 result was a significant increase from 2012’s 49th position and 2011’s 59th ranking.
While solid organic growth and the expansion of The Adviser, Smart Property Investment and Real Estate Business supported the strong result, the October 2012 acquisition of Morningstar’s Australian media business – InvestorDaily, ifa and InvestorWeekly – helped Sterling Publishing cement its ranking.
“We’ve established strong brands and distribution channels across these key vertical markets and are now starting to realise the value of the interconnected distribution between them,” Sterling Publishing group publisher Alex Whitlock said.
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