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acquisition

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AccorHotels and Algeciras Agree to Buy Atton Hotels

May 15, 2018 by Lori Smith

AccorHotels and Chilean group Algeciras announce have signed an agreement with the shareholders of Atton Hotels in order to acquire the company. Under the terms of the agreement, AccorHotels will acquire 100 per cent of the management company that operates 11

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Tidan Hospitality Acquires Landmark Montreal Hotel

April 18, 2018 by Lori Smith

Montréal-based Tidan Hospitality and Real Estate Group acquired the Montréal Marriott Château Champlain, effective April 16, 2018. Atlific Hotels will continue to provide hotel management services during the transition. The 611-room property was constructed by CP Hotels in celebration of

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Hello! Destination Expands Operations to Northern California

April 17, 2018 by Lori Smith

Hello! Destination Management, a full-service destination management company (DMC) based in Orlando, Florida, has acquired Mana, Allison & Associates in San Francisco, California. Mana, Allison will continue its operations as “Hello! California,” providing corporate, incentive, and association program services in

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Private Equity Firm Affiliate Acquires AlliedPRA

August 8, 2017 by Lori Smith

CI Capital Partners (CI Capital), a New York-based private equity firm, and AlliedPRA, a leading destination management company (DMC), have announced that an affiliate of CI Capital has acquired a majority interest in AlliedPRA from UK private equity firm sector

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PCMA Acquires Asia-Pacific Association

August 2, 2017 by Lori Smith

U.S.-based Professional Convention Management Association (PCMA) has acquired Incentive, Conference & Event Society Asia Pacific (ICESAP), the two organizations announced July 31, 2017. Based in Singapore, ICESAP provides education, career development and networking for corporate, agency and supplier professionals in

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American Express GBT Acquiring International M&E Company

June 28, 2017 by Lori Smith

American Express Global Business Travel (GBT) has signed an agreement to acquire Banks Sadler, an international event management agency headquartered in London, England. The company will operate as part of American Express Meetings & Events, a division of GBT. The

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FMAV Acquires Ruoff & Company

April 27, 2017 by Lori Smith

Canadian-owned audiovisual company FMAV today announced its acquisition of Ruoff & Company, an established leader in corporate audiovisual and event production. This move supports FMAV’s continued growth plans in the Canadian corporate events market. “With a shared philosophy focused on client

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AlliedPRA Acquires Rocky Mountain DMC

March 28, 2017 by Lori Smith

AlliedPRA, Inc. has acquired Destination Services Corporation (DSC), a major destination management firm covering the Rocky Mountain region of North America. The strategic move expands AlliedPRA’s reach into this growing marketplace. At over $100 million in system revenue and 29 locations AlliedPRA

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GES Acquires Poken

March 21, 2017 by Lori Smith

Event services provider GES has purchased Poken, a cloud-based , 360-degree event management platform. The Poken platform has been used, in part or whole, at more than 2,000 events around the world. It includes tools for networking, digital content collection,

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NY Agency Buys Miami Event Marketer

January 21, 2017 by douloff

NEW YORK — Black Flower Agency, headquartered in New York City, has acquired In House Ideas, a Miami-based agency delivering experiential marketing and events to hospitality, fashion, arts, real estate, publishing, and health and fitness brands, it was announced Jan.

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US Equity Firm Set to Acquire Cvent

April 25, 2016 by Lori Smith

Event management company Cvent Inc. has entered into a definitive agreement to be acquired by affiliates of Vista Equity Partners, a private equity firm focused on investments in software, data and technology-enabled businesses. Under the terms of the agreement, Vista will

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AccorHotels Acquiring FRHI brands

December 10, 2015 by Lori Smith

AccorHotels has signed an agreement with the Qatar Investment Authority (QIA), Kingdom Holding Company (KHC) of Saudi Arabia and Oxford Properties, an Ontario Municipal Employees Retirement System (OMERS) company for the acquisition of FRHI Holdings Ltd., parent of the Fairmont,