The purchase gives the company six awards events including the National Business Awards and National Sales Awards, three conferences including the annual world-wide web conference, and trade magazine Customer Management.
Quest recently announced it had teamed up with The Daily Telegraph to launch an ethical living show in October.
The group will be incorporated into CMP Information's events portfolio, which hosts tradeshows, conferences and awards.
In the year to November 2006, Quest generated revenues of £3.7m and UBM expects the acquisition to help it meet its 8% post-tax cost-of-capital criterion in 2007.
Quest recently announced it had teamed up with The Daily Telegraph to launch an ethical living show in October.
The group will be incorporated into CMP Information's events portfolio, which hosts tradeshows, conferences and awards.
In the year to November 2006, Quest generated revenues of £3.7m and UBM expects the acquisition to help it meet its 8% post-tax cost-of-capital criterion in 2007.
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