acquisition

MemberSuite acquires event engagement platform provider Event Farm

MemberSuite, a provider of cloud-based association management software (AMS) has announced the acquisition of US-based event engagement software company, Event Farm.

Consortium including Blackstone and LEGO owner to acquire Merlin Entertainments

A consortium of investors comprised of Blackstone, owner of Clarion Events; KIRKBI, owner of the LEGO brand; and global investor CPPIB has agreed terms of a recommended offer for Merlin Entertainments plc, which would take the company private.

MCI Group acquires USA-based Sentergroup

MCI Group has announced the acquisition of Sentergroup, Inc., an association management company headquartered in Chicago, Illinois. This acquisition continues MCI’s growth in the USA, increasing its presence in the association market. MCI is continuing the expansion to strengthen its presence globally while turning international standards of excellence into local successes. The acquisition allows ...

Eldorado Resorts to acquire Caesars Entertainment for $17.3bn

Eldorado Resorts, an American hotel and casino company, has agreed to acquire Caesars Entertainment in a cash-and-stock transaction with a total value of $17.3 billion.

US marketing company Feathr acquires agency Springful

Digital marketing company Feathr has announced the acquisition of digital ad agency Springful.

Messe Frankfurt acquires stake in nmedia GmbH

Messe Frankfurt has acquired a stake in Electronic Data Interchange (EDI) company nmedia GmbH. The acquisition is part of a plan to set up its “nextrade” digital B2B marketplace, which will provide standardised ordering and data services for both suppliers and retailers. Philipp Ferger (pictured) has also been appointed second managing director of nmedia GmbH effective 1 June 2019, and will share ...

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...

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