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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,

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Marriott and Starwood Announce Merger Agreement

November 18, 2015 by Lori Smith
Marriott and Starwood Merge

The boards of directors of Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. have approved a definitive merger agreement under which the companies will create the world’s largest hotel company. News of the agreement was made public on

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Marriott-Delta Deal Complete

April 1, 2015 by Lori Smith

Marriott International, Inc. has completed its acquisition of the Delta Hotels and Resorts brand and management and franchise business from Delta Hotels Limited Partnership, a subsidiary of British Columbia Investment Management Corporation (bcIMC). The transaction increases Marriott’s distribution in Canada

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MCI Canada Acquires Event Spectrum

March 18, 2015 by Lori Smith

 MCI, one of the world’s leading providers of strategic engagement and activation solutions, has acquired Event Spectrum Inc. (ESI), a Toronto-based creation agency for events, conferences, incentives and travel recognition programs. “MCI Canada is already recognized as one of the country’s