Providence Equity acquires Clarion Events for over £200M

Providence EquityExhibition news is reporting that Clarion Events has been sold to global asset management firm Providence Equity in a deal thought to be worth just over £200 million.

ClarionThe report says Providence competed in a second round of bidding against ITE Group, Penton Media, Charterhouse Capital Partners and Carlyle Group LP. Providence are expected to invest in further acquisitions for Clarion.

Read the story here.

UK, London

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