News & Articles - acquisition

  • Marketplace

    Marketplace Events Makes Largest Acquisition

      Marketplace Events (MPE) announced the acquisition of the Travel & Adventure Shows, the only series of consumer-facing travel trade shows in the United States. The transaction represents the largest acquisition in Marketplace Events’ history. The acquisition adds the Travel & Adventure Shows’ established events portfolio and dedicated team to MPE’s network of more than 125 shows across 50 plus markets — a platform that attracts more than 2.2 million attendees and 30,000 exhibitors annually. The deal significantly extends MPE’s…

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  • PBA

    PBA Group Acquires Three Alberta Hotels

      Calgary-based PBA Group has announced the acquisition of three Alberta hotel properties, marking a significant evolution in the company’s hospitality strategy as it moves to a fully owned-and-operated model for the first time. The newly acquired properties, formerly Days Inn Calgary Airport, Days Inn Red Deer, and Home Inn Express Medicine Hat, will join the InterContinental Hotels Group (IHG) portfolio immediately under a white-label name, with bookings available through IHG platforms. Following renovations, the hotels will transition to Garner…

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  • InnVest

    InnVest Acquires Hotel Grand Pacific

      InnVest Hotels has acquired the iconic Hotel Grand Pacific, a landmark property located in the heart of downtown Victoria, B.C. The waterfront hotel features 304 guestrooms and occupies a coveted position on Victoria’s Inner Harbour, offering guests access to the city’s top attractions, business district, and cultural experiences. The Hotel Grand Pacific enhances InnVest’s portfolio with its extensive amenities and strong reputation as one of Victoria’s leading hospitality destinations. The property has more than 10,000 square feet of naturally…

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  • IAEE

    IAEE to Acquire Exhibitor Group

      The International Association of Exhibitions and Events (IAEE) has entered into a definitive agreement to acquire Exhibitor Group. This landmark acquisition represents a bold strategic move to unite exhibition organizers and exhibitors within one cohesive ecosystem. The acquisition brings together two influential forces in the exhibitions and events industry, creating an unprecedented community that spans the entire event lifecycle and value chain. By integrating Exhibitor Group’s expertise in exhibit and corporate event marketing with IAEE’s established leadership in exhibition…

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  • venue

    Marketplace Events Joins Clarion Capital

      Clarion Capital Partners has completed the acquisition of Marketplace Events, the largest organizer of business-to-consumer shows in North America. Marketplace Events currently operates more than 110 consumer shows in the home and garden, sport and outdoor, and holiday sectors, as well as 11 recently acquired trade shows, across 54 markets in the U.S. and Canada. Leveraging scale, technology, and predictability, Marketplace Events brings together 30,000 exhibitors, more than 2.2 million consumers, and 5 million unique web visitors on an…

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  • Events.com

    Events.com Integrates Remo’s Key Assets

      Events.com has acquired key assets from Remo, a virtual technology product recognized for its immersive and interactive digital environments for events, webinars, conferences and perpetual online meeting spaces. This strategic move brings Remo’s technology and team into the Events.com ecosystem, significantly expanding its product suite and customer offerings. The acquisition will deliver enhanced options for digital engagement and broadening the Events.com platform’s reach to new regions, while further expanding its markets into hybrid events, online webinars, hybrid conferences, and…

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  • Choice

    Truelink Capital Will Acquire GES

      GES announced that its parent company, Viad Corp, and Truelink Capital have entered into an agreement for Truelink to acquire the GES business. The acquisition is expected to close by the end of 2024, subject to applicable and customary closing conditions. “This is an exciting time for GES. The business has tremendous momentum, and our team is driving strong revenue growth, margin expansion, and client service. The publicly traded Viad conglomerate has been a great home to GES for…

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  • Alaska Air

    Alaska Air Agrees to Buy Hawaiian Airlines

      Alaska Air announced it will buy Hawaiian Airlines for $1.9 billion. The acquisition is expected to unlock more destinations for consumers and expand choice of critical air service options and access throughout the Pacific region, Continental United States and globally. “In Alaska Airlines, we are joining an airline that has long served Hawai‘i, and has a complementary network and a shared culture of service. With the additional scale and resources that this transaction with Alaska Airlines brings, we will…

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  • MPI Announces Acquisition of the EVENT

      Meeting Professionals International (MPI) has acquired “the EVENT”, one of Canada’s most prestigious event industry experiences. This exciting development further solidifies MPI’s reputation as the leader within the meetings and events industry worldwide. “We are excited to bring ‘the EVENT’ into our MPI portfolio of global signature events,” commented Drew Holmgreen, chief brand officer of MPI. “Paired with our Canadian chapters and their exceptional leadership, who have driven this experience for a number of years, this acquisition is a…

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  • westjet

    Westjet Airlines Acquires Sunwing

      The federal government has approved WestJet Airlines’ acquisition of Sunwing Airlines and Sunwing Vacations. WestJet announced in March 2022 that it had reached an agreement to acquire Sunwing Airlines and its tour operations business, saying the deal would “deliver new travel options and greater value for travellers in the rapidly expanding leisure and work-from-anywhere travel markets.” The government said the decision to approve this acquisition was not taken lightly, especially considering the delays and bottlenecks experienced by travellers last…

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