Conference News | Summer 2023
Tag: Mash Media
Cvent Expands AI Suite of Solutions with Launch of Writing Assistant
By Paul Colston, from Conference & Meetings World: Cvent, the global meetings, events, and hospitality technology provider, has announced the launch of its AI Writing Assistant. This innovative tool is incorporated directly within the Cvent platform and is designed to leverage the power of generative AI to streamline the content creation process.
Informa Tucks into B2B Foodservice Market with Acquisition of Winsight
By Paul Colston, from Exhibition World: International event organiser and digital services group Informa has announced the addition of specialist B2B events, data and media group, Chicago-based Winsight, for $380m, payable in cash to owners HPS Investment Partners…
Events Insurer InEvexco Acquired by Private Equity
Specialist events insurer InEvexco Ltd has been acquired by AssuredPartners, a US-based, private equity backed insurance broker with an international portfolio. Kent-based InEvexco was founded in 2011 and over the course of a decade, has established itself as a market-leading insurance specialist for the events industry. From Exhibition News…
Why is the Events Industry Struggling to Hire Gen Z?
By Catie Owen, from Conference & Meetings World: The workforce’s latest recruits seem to be an enigma to many. Usually considered to have been born between 1997–2012, the oldest members of Generation Z are beginning to populate industries worldwide. But if that’s the case, why is the events industry failing to attract them?
“What we do must matter more” – Senthil Gopinath
Senthil Gopinath, Iceberg Ambassador and CEO of ICCA, a Founding Partner of The Iceberg, tells Paul Colston, Managing Editor, Conference News & Conference & Meetings World, that innovation is key to making 2023 a dynamic and successful year. From Conference & Meetings World…
What I Wish I Had Known 30 Years Ago
EN guest editor, CloserStill and Nineteen Group chairman, Phil Soar shares the lessons he wishes he had known 30 years ago: No, this isn’t about wishing I knew how to talk to girls (though it might have helped), nor that buying Apple and Microsoft shares would make me rich, nor betting at 10,000 to one…
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…
Tarsus & Informa Show the Road Ahead for Major Exhibition Groups
Exhibition News guest editor Phil Soar analyses the effects of Informa buying Tarsus on the wider industry and considers the road ahead for our major exhibition groups: “A couple of months ago that I suggested the trade show world was very likely to be back to normal by 2024 and, in many cases, well ahead…”
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…
Blackstone Agrees to Acquire Cvent for $4.6bn
Meetings, events and hospitality technology provider Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), has announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at approximately $4.6bn. From Conference & Meetings World…
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…
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…
Seven New Deals and the Effects on Big Ticket M&A
Steve Monnington of Mayfield Merger Strategies reports the most recent transactions and analyses the M&A news. As well as several deals announced, there have been two important pieces of news which could impact big ticket M&A. There were also seven transactions announced which brings the total for 2023 to 13… From Exhibition News…
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