Advanstar Global LLC, an events and information services company that also owns Advanstar Communications, has acquired ENK International LLC. ENK arranges fashion events that features Fashion Coterie, Intermezzo, and Accessory Circuit in New York, Las Vegas, Europe and Asia. ENK and Advanstar Communications will be operated separately.
The acquisition is a major addition to Advanstar Global’s global portfolio, which already contains MAGIC, PROJECT, FN Platform, Licensing International, other tradeshows, conferences, and events. Advanstar Global’s financial sponsors include Anchorage Capital Group LLC, Ares Management LLC, and Veronis Suhler Stevenson.
Advanstar Global’s CEO, Joe Loggia, stated, “Having ENK, MAGIC and PROJECT within the same family of companies provides the fashion industry a choice of intimate and customized environments that satisfy their market needs. This allows us to be more responsive to our customers as we work to coordinate dates and venues, which makes the process more valuable for exhibitors and retailers. Moreover, Advanstar Global has made significant investments in new technology that will enable our company to further drive value, service and solutions across the entire fashion marketplace.”
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