This Just In
  • AVIXA, organizer of InfoComm in Las Vegas, is teaming with InfoCommAsia to launch InfoComm Southeast Asia in Bangkok May 15-17, 2019.
  • Shomex Productions will partner in the Unmukt Festival, which will target the senior citizen market in India and launch in December.
  • Lance Fensterman has been promoted to President of Global ReedPOP, the pop culture division of Reed Exhibitions.
  • The Las Vegas City Council votes April 4 on a proposal to build a new $76 million 350,000-sf downtown exhibition center.
  • Hilton will cut commissions to housing firms and other agencies that book room blocks at its U.S. and Canadian hotels from 10% to 7% in Oct.
  • The Reno-Sparks Convention & Visitors Authority announced a 4-year deal for SMG to operate four major Reno-Sparks venues.
  • RetailX will co-locate GlobalShop, Internet Retailer Conference & Exhibition (IRCE) and RFID Journal LIVE! June 2019 in Chicago.
  • Freeman is launching cloud-based digital floorplan management system BlueprintTM in the U.S. to make real-time booking data available.
  • A new CEIR report provides benchmarks for all phases of a marketing campaign and details characteristics for success in growing attendance.
  • Mad Event Management is launching UAS/Drones for Disaster Response April 19-20 in Miami. First responders are the target audience.

Marketplace Events Acquired by Equity Firm; Remains in Expansive Mood

Hil Anderson
, Senior Editor
February 2, 2016
Share On:

New York, NY  Marketplace Events has been acquired by a private equity firm and plans to ramp up its growth in the North American consumer show market.

Sentinel Capital Partners announced the acquisition of Marketplace Events and predicted a bullish market in coming years for its events in the U.S. and Canada. “Marketplace Events is the clear leader in the North American home and garden show industry,” said Michael Fabian, a partner in the New York equity firm. “Moreover, the business was resilient during the 2008 economic downturn and should benefit from positive tailwinds in the home remodeling and repair sector in the years ahead.”

Marketplace Events is based in Ohio and organizes 44 shows, including 29 home and garden events in the U.S. and 13 in Canada. There are also two holiday boutique shows on the roster. Marketplace Events acquired two home shows in Winnipeg last Fall and also sold its American International Motorcycle Expo trade show to the Motorcycle Industry Council.

Tom Baugh, CEO of Marketplace Events, said the company remained in an expansive mood and would announce the launch of six new events later in February. “We believe our partnership with Sentinel will allow us to accelerate our growth,” he said. “The biggest single change will be our ability to make strategic acquisitions more aggressively.”

 

Reach Tom Baugh at 888-248-9751 or tom@marketplaceevents.com; Michael Fabian at (212) 688-3100 or info@sentinelpartners.com

Share On: