acquisition

UK’s Centaur disposes of engineering portfolio as sales continue

Centaur Media Plc has agreed to sell its engineering portfolio, including The Engineer and Subcon, to Mark Allen Group. Mark Allen Group will pay a cash consideration of £2.5m, subject to customary post-completion adjustments. The sale is expected to complete 31 May. It follows the recent disposals of Centaur’s financial services business, its travel and meetings exhibitions and its HR business. T...

ClearCourse acquires event technology provider Circdata as it moves into conference market

ClearCourse Partnership, a PE-backed partnership of UK software companies, has expanded into the exhibition and conference space with the acquisition of Circdata. ClearCourse’s acquisition of Circdata is the fifth acquisition since its foundation in October 2018. The financial terms of the deal have not been disclosed. Founded in 1994 and headquartered in Newbury, Circdata was originally a data ma...

ReedPOP acquires fan convention Florida Supercon

ReedPOP, the world’s largest producer of pop culture events and part of Reed Exhibitions, has announced that Florida Supercon will be joining its collection of global fan conventions. Florida Supercon is an annual convention held in Miami, Florida celebrating comics, superheroes, science fiction, anime, cartoons, video games, wrestling and all things pop culture. The next edition of Florida Superc...

PRA acquires Koncept Events

Chicago-based business event management firm PRA has acquired South Florida-based Koncept Events to its network of offices. The acquisition marks a further move to grow the business through alignment with other teams in the business events industry. Founded in 2007 by Hillary Smith, CMP, CSEP (pictured) and Angie Nelson, the award-winning Koncept Events team is comprised of 35 full-time team membe...

Tarsus Group takes up option to acquire rest of Tarsus Connect

Tarsus Group has said its US subsidiary has entered into an option agreement to acquire the remaining 19.9% of Tarsus Connect it does not already own from Connect Holdco Inc. Tarsus Connect is a US business travel and events company, specialising in arranging meetings on an invitation-only, appointment-based format. The price will be calculated based on Tarsus Connect’s prior year earnings b...

Airbnb acquisition evidence of platform’s move deeper into business events

Airbnb, the San Francisco-based online hospitality service reportedly worth US$30bn, has moved further into the MICE space with the acquisition of Denmark’s Gaest venue booking platform. The Aarhus start-up offers venue booking options by the hour or daily increments. Gaest was founded in 2015 by Anders Boelskifte Mogensen (CEO), Chris Kjær Sørensen, Christian Schwarz Lausten and Jonas Grau Sigten...

Travel Leaders Group acquires UK event management business YES

Travel Leaders Group has acquired UK-based YES (Your Event Solutions), a MICE business with global meetings and event expertise. The addition of YES complements Travel Leaders Group’s growing presence in the meetings & incentive marketplace, and will provide both firms with additional geographic reach and industry expertise. A full-service event provider, YES provides a range of corporate even...

Personify acquires events management platform a2z

Texas-based Personify, Inc., a technology supplier for associations, has announced the acquisition of a2z, Inc., an events management and optimisation platform for event planners and organisers. “I am delighted to have a2z join the Personify family and provide our clients with a more integrated experience,” said Eric Thurston, President and CEO of Personify. “The combination of Personify and a2z e...

Ascential in line for high-growth from acquisitions

B2B events and information group Ascential announced, in a trading update 4 December, that it is trading in line with market expectations. The company said full-year revenue was expected above consensus driven by recent ‘high growth’ acquisitions. Following the completion of its two editions in the second half, the Money20/20 congress is expected to grow by 37% for the full year with the US editio...

UK’s Setsquare draws up acquisitions at the double

Surrey-based Setsquare Staging, one of the UK’s leading event construction businesses, has acquired Buckinghamshire-based Enigma Visual Solutions print and interior design specialists and Hampshire-based GTMS event and print production company. Both acquisitions are part of a strategic development that has helped transform Setsquare into a £20m (US$25.48m). Creative Director and founder of Setsqua...

Manchester’s Midland joins Leonardo Hotel group in £115m deal

Manchester’s most famous hotel has been sold in a deal worth £115m. The new owners are Swedish investment company Pandox and Fattal Hotels Group which bought the Jury’s Inn chain for £800m last year. The group has promised to invest £11m in the 312-room hotel. Manchester’s flagship hotel will also join the Leonardo Hotels group, owned by Fattal, although it will keep its famous name. The Midland i...

Cvent acquires Social Tables

Cvent has announced that it has acquired Social Tables, an event diagramming, seating, and collaboration platform. More than 5,000 organisations and hospitality brands, including Under Armour, Live Nation, Hyatt, The Venetian, ClubCorp, and Forbes, have utilised Social Tables to help them develop and plan nearly 4.5m events. Cvent acquired Social Tables to help event planners and venues better col...