Tag: Exhibition World

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Theme and Key Pillars Announced for GED 2024

From Exhibition World: The ninth edition of Global Exhibitions Day (GED), facilitated by UFI, the global association of the exhibition industry, will be held on 5 June 2024 under the theme ‘Exhibitions are catalysts to sustainable futures’. Celebrated annually on the first Wednesday of June, all interested in increasing the visibility of the exhibitions industry…

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CloserStill Media Acquires Majority Stake in Trailblazer Summits

From Exhibition World: Global event organiser CloserStill Media has acquired a majority stake in the Trailblazer Summits group in Germany. Terms of the deal have not been disclosed. Trailblazer Summits GmbH (Trailblazer Summits) produces a series of two-day, content-led confex events serving several key German market verticals including logistics, accounting, procurement, digital marketing and construction….

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Carter: “Informa Delivered a Standout Performance in 2023”

From Exhibition World: The international B2B events, digital services and academic markets group Informa plc has issued a trading update confirming a strong performance in 2023 and confidence of further growth in 2024. Subject to audit, the group said the 2023 growth in underlying revenues could be around 30%. Reported revenue was £3,165m+ and adjusted…

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UFI/BSG Report Shows Asia Exhibition Market Rebounding

From Exhibition World: A new UFI/BSG report on the trade fair industry in Asia compares regional markets in 2022, when Covid was still affecting many Asian markets, with 2019 and finds that space sold dropped by 87% to approximately 3.2m. sqm over the period. The massive drop is attributed to China’s restrictive Covid-zero policy. The…

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Cuil Bay Capital Launches with Acquisition of Raccoon Media Group

From Exhibition World: UK-based Cuil Bay Capital (CBC), a new investment vehicle led by exhibition industry entrepreneur Doug Emslie, former CEO of Tarsus Group, announces its inaugural investment, the acquisition of a majority stake in UK-based Raccoon Media Group (Raccoon). Exact terms of the deal have not been disclosed. Founded in 2016, Raccoon achieved acclaim…

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UKI Media & Events Comes CloserStill

UK-based global event organiser CloserStill Media, has agreed to acquire UK-based UKI Media & Events. Terms are not disclosed, although financial media have speculated the price could be in the region of £100-£120m. This strategic move forms the cornerstone of CloserStill’s new Future Transport and Infrastructure Group and marks a significant expansion… From Exhibition World…

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ADNEC and Kenes Sign Partnership to Launch New Specialised Events

The Abu Dhabi-based ADNEC Group has signed a strategic partnership with global events management company Kenes Group, to launch new events within the emirate. The agreement was signed by Ahmad Shaker, CEO of ADNEC Services, the event agency arm of ADNEC Group, and Dan Rivlin, executive chair and chief vision officer of Kenes Group. From…

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Exhibition World Interviews Informa CEO Stephen Carter

Saudi Arabia’s Events Investment Fund has acquired a stake in Tahaluf, the Saudi Arabian large-scale live events company created through a strategic joint venture between the Saudi Federation for Cybersecurity, Programming and Drones, and Informa. Following the announcement Stephen Carter gave an exclusive interview to EW’s editor Paul Colston…

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Hyve Acquisition by Providence and Searchlight Completed

Global event organiser Hyve has announced the completion of its acquisition by funds advised by Providence Equity Partners L.L.C. and Searchlight Capital Partners. “This marks a significant milestone for Hyve, providing strategic support and positioning the company for accelerated growth,” a statement from the company said. By Paul Colston, from Exhibition World…

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The Honest Broker: China Unlocks Investor Confidence in BE Sector

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…

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Providence Equity Partners to Acquire Hyve Group in £481m Deal

US firm Providence Equity Partners has agreed a deal to acquire UK-based exhibition business Hyve Group. The terms of the offer are 108p in cash for each Hyve share and the deal values the international exhibition organiser at approximately £481m (US580m). A previous bid of 105p per share had been rejected. From Exhibition World…

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Informa Acquires Tarsus in $940m Deal

Global event organiser Informa has strengthened its presence in growing regions and markets significantly with the acquisition of B2B events group Tarsus in a deal valued at $940m. The combined business is expected to create incremental revenue opportunities through the cross-marketing of major brands, digital expansion and new event launches. From Exhibition World…

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UFI European Conference Celebrates Women in Exhibitions

The upcoming UFI European Conference in Maastricht will be collaborating with Women in Exhibitions to honour women’s accomplishments in the exhibition industry. The Conference’s keynote speaker on 15 June will be Ann Daniels, a polar explorer and motivational speaker, who will share her story and leadership lessons with UFI’s delegates. From Exhibition World…

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