This Just In
New York, NY – Ziff Davis reached a definitive agreement this week to sell its Enterprise Group, which includes a portfolio of events in the high-tech sector, for $150 million to a subsidiary of Insight Venture Partners (IVP), a New York venture capital company that specializes in software and Internet companies. The deal, which was announced […]
Chicago, IL – If the way to an attendee’s heart is through his/her stomach, McCormick Place will soon be playing Cupid with a new gourmet dining complex. The Metropolitan Pier and Exposition Authority (MPEA) board awarded a 10-year contract to Chicago Restaurant Partners (CRP) to manage and expand food service at McCormick Place beginning September 1. […]
New Orleans, LA – The general manager position at the Ernest N. Morial Convention Center, New Orleans remains vacant as the search for Jimmie Fore’s permanent replacement continues. Fore retired April 1 after a 16-year tenure that included the rehabilitation of the battered building after Hurricane Katrina in 2005. Operations Manager Gerald “Jerry” Frances was moved […]
Mumbai, India – Reed Exhibitions India acquired Alcastek, a leading aluminum-industry trade show, from NCS Associates (Australia) Pty Ltd., and will add it to the ALUMINIUM INDIA exposition that Reed will launch next winter.Reed said Alcastek gained a reputation in its five years of existence as India’s top conference and exhibition on casting and rolling-and-extrusion technology. Reed currently produces the world’s […]
Philadelphia, PA and Bethesda, MD – SMG, thePhiladelphia–basedmanagement firm for over 200 public assembly facilities including 60 convention centers, was sold yesterday to American Capital for an undisclosed amount. The transaction was handled by Morgan Stanley and the announcement was confirmed by Gregg Caren, who is rejoining SMG in ten days (see two related articles on TSE’s […]
Atlantic City, NJ — Gregg Caren is rejoining SMG on June 25th as senior vp of strategic business development, following a 10-month stint with Trump Entertainment Resorts in Atlantic City as vp of hotel sales. Caren will expand on many of the initiatives he launched in his eight years at SMG. At SMG, Caren had been […]
Manhasset, NY – The events business that CMP Technology has been building up in recent years emerged unscathed from a restructuring that will cost the magazine unit about 200 jobs and eliminate three titles. Parent company, UBM, decided to refocus its U.S. business on exhibitions as part of an ongoing strategy to improve the unit’s margins. […]
Newton, MA – Questex Media Group, Inc. expanded its reach in the office products, documents and digital imaging sector with its acquisition on June 7th of Imaging Network, producer of the ITEX (Imaging Technology Education and Exposition) trade show in Las Vegas. The deal also added a custom publishing unit and the publications imageSource, Office World News and Office Furniture and […]
Dallas, TX and New York, NY – The year started out well for the trade show industry as Q1 revenues rose to $2.9 billion, an increase of 5.3% over the same period last year, and attendance rose 3.1%, according to the Center for Exhibition Industry Research (CEIR). “The growth trend is expected to continue through 2007,” said CEIR president […]
Dallas, TX – Jeff Price, president of Cygnus Expositions and current chairman of the International Association of Exhibitions & Events (IAEE), will join the executive management team of Freeman on July 1. As executive vice president, a new position in the company, Price will develop and direct strategies to support both exposition services and corporate events, working […]
