Reed Exhibitions to acquire Mack Brooks Exhibitions

Reed ExhibitionsReed Exhibitions, a division of the RELX Group, has agreed to acquire Mack Brooks Exhibitions, adding a major line-up of industry-leading brands to Reed’s global portfolio. The terms of the transaction were not disclosed.

Mack Brooks Exhibitions was established in 1965 and features more than 30 B2B events in 14 countries, including Germany and the UK, serving nine industry sectors. Flagship brands include EuroBLECH (sheet metal working technology); inter airport (airport infrastructure and technology); Fastener Fair (fastener and fixing technology); Chemspec (fine and speciality chemicals); RAILTEX (rail infrastructure and technology); ICE Europe (paper, film and foil converting); CCE (manufacturing and converting corrugated and cartonboard); PSE Europe (plastics) and InPrint (print technology for industrial manufacturing).

A broad programme of geo-cloning has successfully positioned many of these brands and related adjacencies outside Germany and the UK to include a presence today in countries including France, Italy, the United States, Mexico, China, Singapore, Thailand, India and Turkey.

Chet Burchett, CEO of Reed Exhibitions, said, “Mack Brooks is widely recognised as a market leading exhibitions organiser and bringing these shows together with Reed Exhibitions’ own strengths in delivering customer value and innovation represents an exceptional opportunity, For customers, we will be able to add value through capabilities such as our International Sales Group, innovative digital tools and increasingly sophisticated customer matchmaking programmes. For employees, Reed Exhibitions will provide exciting new opportunities. The acquisition is in line with our organic growth driven strategy, supported by acquisitions of targeted show portfolios that are natural additions to our existing business.”

UK, London & St. Albans

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Providence acquires CloserStill Media for £340M

Providence EquityFollowing our earlier report, Providence Equity Partners has now acquired CloserStill Media, the previous owner of Clarion Events, for a reported £340 million.

The move comes after years of significant growth for the organiser, which was valued at £25 million in 2012 when Phoenix Private Equity bought into the company and £125 million in 2015 when Inflexion bought a minority stake.

Since the Inflexion investment in 2015 the organiser has made eight acquisitions – five in 2017 and three in 2018 – but CloserStill Chairman and CEO Phil Soar highlighted that the majority of the company’s growth has been organic. Much of the growth has come from the geo-cloning of successful shows in Asia, Germany and the US, with the launch of events such as Cloud Asia, Learning Technologies Germany and New York Vet.

In 2011 Providence acquired George Little Management in the US, which was then sold to Emerald Expositions in early 2014. In 2017 the company sold Clarion Events to Blackstone for a reported £600 million.

Andrew Tisdale, Managing Director at Providence, said, “CloserStill is an exceptional business led by a strong management team with a proven track record of developing and acquiring successful events around the world. With a compelling global portfolio and diverse customer base across the technology, learning and healthcare sectors, CloserStill is well-positioned to accelerate the momentum the business has generated to date. We are excited to partner with such a fantastic team and look forward to working together.”

USA, Providence, RI & UK, London

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Mark Allen completes deal with Rhinegold

Mark Allen GroupAfter several months’ negotiations, the Mark Allen Group has finalised the acquisition of various Rhinegold assets. The terms of the transaction were not disclosed.

These assets include: Choir & Organ, International Piano, Classical Music, Teaching Drama and Music Teacher, as well as the annual British Music Yearbook, the annual British Music Education Yearbook and the Music & Drama Expos in London and Manchester.

In a separate deal, MAG has also acquired from DC Thomson the goodwill of Opera Now, which previously was under licence to Rhinegold.

Mark Allen said: “We are pleased to have finally acquired these publications. They will add significantly to our current music portfolio which consists of Gramophone, Jazzwise and Songlines. We have exciting plans to develop these Rhinegold titles.”

UK, London

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Diversified Communications acquires Digital Construction Week

diversified communicationsDiversified Communications has acquired Digital Construction Week, adding to their building, construction and technology portfolio of events. The terms of the transaction were not disclosed.

Digital Construction Week is the United Kingdom’s leading trade show dedicated to digital construction, engineering, design, manufacturing, and operation. The latest, and fourth edition, was held at ExCeL in London in October. It doubled its 2017 attendance, attracted 6,500 visitors, 200 exhibitors and 250 speakers, presenting across 6 stages with a dedicated conference stream. The next Digital Construction Week takes place at ExCeL London on October 17-18 2019.

This event complements Diversified’s industry leading event portfolio with market reach across four countries. Events include GEO Business in London, Commercial UAV Expo Europe in Amsterdam, DesignBUILD in Sydney, and in the United States: AEC Next Technology Expo & Conference and SPAR 3D in Anaheim, CA; International LiDAR Mapping Forum in Denver, CO; and Commercial UAV Expo Americas in Las Vegas, NV.

Diversified’s President & CEO, Theodore Wirth, said, “These synergies, in addition to our shared values and commitment to our customers through a long-term vision and industry expertise, make this a perfect fit. We are very pleased to welcome the event’s co-founders Luke Collings and Oliver Hughes and their talented show team to our growing UK division, under Managing Director Carsten Holm.”

USA, Portland, ME & UK, London

Providence exhibits £300m bid for London Vet Show owner

Providence EquityProvidence Equity Partners , the private equity firm behind Ambassador Theatre Group, is in talks to buy exhibitions group CloserStill Media for about £300m, according to a report by Sky News.

CloserStill is being sold by Inflexion, another buyout firm, which backed the company in 2015. A significant proportion of CloserStill’s revenues come from outside the UK, with exhibitions such as Dentiste Expo in Paris and Cloud Expo Asia in Singapore among its events. The deal with Providence, which could be signed within weeks, follows the investor’s £600m sale of Clarion to Blackstone last year.

 

USA, Providence, RI & UK, London

Touch Medical Media acquires Heart International and forms strategic partnership with Interventional Academy

TouchMedical MediaTouch Medical Media has acquired leading cardiology journal Heart International for an undisclosed sum, and formed a strategic partnership with Interventional Academy, owner of the Complex Cardiovascular Catheter Therapeutics (C3) Global Summit.

Heart International is an open access, peer reviewed journal dedicated to the publication of original research and reviews on cardiovascular disease in its broadest terms. Heart International is indexed in a number of different databases including the Emerging Sources Citation Index, Scopus and has its full archives listed on PubMed Central.

C3 is a leading global annual cardiology conference that is rapidly growing. It has been designed for physicians who specialise in interventional cardiology, vascular surgery, interventional radiology, podiatry, as well as fellows, residents, and other healthcare professionals interested in atherosclerotic cardiovascular disease.

Heart International is led by Editor-in-Chief, Dr Magdi El-Omar and Co-Editor-in-Chief, Dr Rajesh Davé. Dr Magdi El-Omar is Consultant Interventional Cardiologist at the Manchester Heart Centre, and Honorary Senior Lecturer at the University of Manchester, Manchester, UK, whilst Dr Rajesh Davé is Chief Medical Executive, Holy Spirit Cardiovascular Institute, Chairman, Department of Cardiology and Director, Cardiac Catheterization Laboratories, the Ortenzio Heart Center at Holy Spirit Hospital, Camp Hill, PA, USA. Dr Davé is Chairman of C3, whilst Dr El-Omar is a co-director of the course.

Barney Kent, Group Managing Director at Touch Medical Media said, “We are really excited about the recent acquisition of Heart International, which has been in circulation since 2006, and also our partnership with Interventional Academy. The addition of Heart International to the touchCARDIO journal portfolio will give our website more depth of content, and since the Journal is indexed on all major databases, it will encourage authors to publish with us and ultimately increase the flow of high-quality open access content for our users. The acquisition has significantly strengthened our rapidly growing database of physicians who sign up to receive regular updates and in addition, our strategic partnership with Interventional Academy will be very beneficial to both organisations on a number of levels. Myself and the team here at touchCARDIO very much look forward to working with Dr El-Omar and Dr Davé to develop the Journal and our partnership over the coming years.”

UK, Reading & USA, Harrisburg, PA

Terrapinn acquires Solar and Storage Live

TerrapinnTerrapinn, the global events company, announced today that it has acquired Solar and Storage Live from Solar Media. The terms of the transaction were not disclosed.
Solar and Storage Live is the UK’s leading solar and storage exhibition, conference and awards.
Terrapinn’s CEO Greg Hitchen said, “Solar and Storage Live is a great opportunity to extend our market commitment to the Solar and Renewables space. It fits really well with our Solar Show events which run in South Africa, The Philippines, Vietnam, Egypt and Sri Lanka. And having a show in the UK is really exciting for us.”
Dom Barklem, MD of Solar Media, said, “This move will further enable us to focus on business intelligence, strengthen our global conference portfolio and continue to provide market-leading news content across multiple titles. Our commitment to the UK solar market remains, and we’re excited to support Terrapinn in the growth of Solar and Storage Live.”
Solar Media will continue to support the marketing of Solar and Storage Live.
UK, London
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Access Intelligence acquires P3C Media

Access IntelligenceMedia and information company Access Intelligence has acquired P3C Media, owner of The Public-Private Partnership (P3) Conference and Expo, the leading education and networking event for P3 leaders from government and industry to discuss infrastructure challenges and innovations in project delivery, procurement, life cycle asset management and solutions. The terms of the deal were not disclosed.

Founded in 2012 by P3C Media President Eric Iravani, the company’s premier events attract senior representatives from government, higher education institutions, and leading firms in the global construction and financial markets. Today, P3C Media has several vertical events that surround their flagship Public-Private Partnership Conference, including: The P3 Water Summit, The P3 Airport Summit, The P3 Higher Education Summit and The P3 Federal Conference.

Don Pazour, CEO of Access Intelligence, said, “P3C Media has been at the forefront of the burgeoning private-public partnership space for many years and has firmly established itself as the market leader for bringing together top government, industry and financial leaders across several verticals in the P3 marketplace. We are delighted to add the P3C Media brand to our company’s portfolio, to welcome an extremely talented team into our family, and to fast-track our leadership position in the P3 marketplace.”

Upcoming P3C Media events include The P3 Federal Conference Nov. 27-28 in Washington, DC and The Public-Private Conference & Expo, March 4-6 in Dallas, TX. The Public-Private Partnership Conference & Expo is one of the largest gatherings of government and construction professionals in the United States.

USA, Rockville, MD & New York, NY

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Blackstone acquires the NEC Group

BlackstonePrivate equity funds managed by Blackstone have acquired the National Exhibition Centre Group, a leading live events venue operator in the UK, from LDC, the private equity arm of Lloyds Banking Group.

Founded in 1976, the NEC has grown into the UK’s live events business of choice for organisers, exhibitors and visitors, playing host to over seven million guests and 750 events every year. The NEC includes Birmingham’s National Exhibition Centre, the International Convention Centre, the Genting Arena and Arena Birmingham among its assets as well as caterer Amadeus and national ticketing agency The Ticket Factory.

The National Exhibition Centre hosts many of the largest exhibitions in the UK, including Crufts, the internationally acclaimed dog show, Spring Fair, the UK’s largest exhibition, and Grand Designs Live. The NEC is also due to host nine sports as part of the 2022 Commonwealth Games.

LDC originally backed a management buyout of the Group in January 2015. Since then, it has supported a four-year transformation programme to enhance sites, facilities and customer experience and broaden the range of events across the Group’s portfolio, supported by significant capital investment.

Paul Thandi, Chief Executive of the NEC Group, said: “Blackstone’s track record in scaling companies, sector knowledge and unrivalled real estate capabilities, make them the ideal new partner for NEC Group to realise the next phase of our ambitious growth strategy. All of our teams and partners look forward to working closely with the world class team as we embark on becoming the definitive name in events and exhibitions, while continuing to focus on innovations and new customer experience offerings for all our customer groups.”

Lionel Assant, European Head of Private Equity at Blackstone, added: “Under the leadership of Paul Thandi, a best in class management team and the support of LDC, the NEC has transformed its main site into a leading leisure, entertainment and business destination, which continues to benefit from a diverse customer base. We have tremendous respect for what has been achieved; NEC Group is iconic and we are excited about our new partnership as we look to leverage our firm’s capabilities in support of the team.”

USA, New York, NY & UK, London

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CloserStill Media acquires a majority stake in The eLearning Guild in the US

CloserStillCloserStill Media has acquired a majority stake in FocusZone Media, Inc., operating as The eLearning Guild, for an undisclosed sum. The eLearning Guild has a 40,000+ membership community of learning and development professionals in the United States and across the world. The Guild operates major conferences and exhibitions including DevLearn (Las Vegas, NV), Learning Solutions (Orlando, FL) and Realities 360 (San Jose, CL) and has a number of digital publications as well as research and online events.

CloserStill runs the world’s leading workplace learning event brand, Learning Technologies, with three market leading annual events in London, Berlin (with Online Educa) and Paris, a global digital community and the industry’s leading awards programme for corporate learning and development professionals. The London event in February is Europe’s largest annual exhibition and conference for the workplace learning sector attracting more than 8,000 attendees and over 200 exhibitors.

CloserStill’s Learning Group Managing Director, Mark Penton, said, “We are delighted to welcome The eLearning Guild and their impressive event portfolio to our growing global network and are incredibly excited by the huge opportunities this will create. And most importantly, we look forward to enhancing the collaboration between our family of learning brands and their learning communities around the world.”

USA, Santa Rosa, CL & UK, London

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