The Iceberg meets Mayfield Merger Strategies (MMS) owner, Steve Monnington, to understand the surge of private equity investments in the sector revealed this month including Blackstone’s $4.6bn takeover of Cvent, Providence Equity Partners’ acquisition of Hyve, and Informa’s trade acquisition of Tarsus.
Monnington: ‘There’s a lot of money looking for a home…’
Further resources:
From The Dan Assor Show:
The State of the Trade Show & Exhibition Industry with Phil Soar
From Exhibition World:
Informa acquires Tarsus in $940m deal
From Charterhouse:
Charterhouse Capital Partners agrees sale of Tarsus to Informa to support the next chapter of its growth
From Informa:
Press Release: Informa further strengthens leadership in B2B market through acquisition of Tarsus
From Skift Meetings:
Informa Acquires Trade Show Rival Tarsus for $940 Million
From Blackstone:
Cvent To Be Acquired By Blackstone in $4.6 Billion Transaction
From Cvent:
Press Release: Cvent To Be Acquired By Blackstone in $4.6 Billion Transaction
From Conference News:
Cvent to be acquired by Blackstone
From The Guardian:
UK events company Hyve Group sold to US private equity firm
From The Evening Standard:
Private equity group to buy event organiser Hyve in £481 million deal
From Conference News:
Providence Equity Partners to acquire Hyve Group in £481m deal
From Exhibition News:
Phil Soar: Tarsus and Informa show the road ahead for our major exhibition groups
