Emerald Acquires GLM

Alex Fetanat’s newest blog post:

Emerald Expositions

Emerald Expositions, the new owner of GLM.

This Wednesday, Emerald Expositions, the parent company of National Jeweler, the JA New York shows and Couture, announced that it has finished acquiring George Little Management LLC for $335 million, a deal that was initially announced in December.  The purchase was funded with about $200 million in debt and $140 million equity investment from Onex Partners III, the private equity firm that created Emerald Expositions in June 2013 by buying the trade shows and related publications previously owned by Nielsen.

GLM organizes over 20 annual trade shows, including four of the largest 100 trade shows in the US in Design & Home Lifestyle, Sports & Active Lifestyle, E-commerce, Product Development & Sourcing and Luxury Lifestyle.  In the company’s profile, you can find a few antique jewelry shows, including the New York Antique Jewelry & Watch Show and the Las Vegas Antique Jewelry & Watch Show.  GLM is headquarterd in White Plains, NY, with additional offices across the country, and currently has 130 employees.

California-based Emerald Expositions is a leading operator of large business-to-business tradeshows in the US, producing more than 65 trade shows and conference events a year, and connects more than 335,000 buyers and sellers across nine diversified end-markets, such as jewelry, sports, general merchandise, hospitality and retail design, photography, sports, building, health care, decorated apparel and military.

via Alex Fetanat http://ift.tt/1eVnJqV

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