Emerald Expositions, Inc. (Emerald) and George Little Management, LLC (GLM) announced today that Emerald has completed the acquisition of GLM from Providence Equity Partners (Providence) for $335 million. The purchase price, including transaction expenses, was funded by $200 million of debt and a $140 million equity investment from Onex Partners III. Emerald was acquired by Onex Partners III in June 2013.
GLM creates face-to-face buying, selling and networking platforms for designers, product developers, manufacturers, retailers and operators through more than 20 leading tradeshows including four of the largest 100 trade shows in the U.S. GLM's tradeshows serve industries as diverse as home furnishings, home textiles, stationery and paper products, giftware, tabletop, gourmet housewares, contemporary furniture and interiors, personal care, art & design, antiques & jewelry, fashion, board sports & resort lifestyle, and e-commerce. GLM has approximately 130 employees and operates out of six U.S. offices.
No comments:
Post a Comment