If an association has built a major money-making asset, is there ever a good time to sell it?For the association formerly known as CompTIA, led by Todd Thibodeaux since 2008, the answer was yes. The incredible success of its certification and training business during his tenure made it the elephant in the staff meeting room, vacuuming up available time and resources. In addition, even a reliable income source carries some risk; think of what happened to trade shows during the COVID lockdowns of 2020 and 2021.Early this year, the association sold that business to two private equity firms for an undisclosed but undoubtedly huge sum. The association, a 501(c)(6) organization, rebranded itself… Read More