The latest event technology acquisition involves a most unusual investor, the national postal service of Switzerland. It has taken a majority stake in SpotMe, which will continue to operate independently with no changes to its product offering.
Another week, another major acquisition among UK-based event and trade show organizers. This deal marks a milestone in the Hyve Group's evolution through the impacts of the Covid pandemic and the Russia-Ukraine War.
The world's largest event technology company is going private again. Blackstone will soon own Cvent and is bullish on the recovery of events and travel. After an initial offer was rejected, the deal is worth approximately $4.6 billion.
Informa, the world's largest trade show organizer, is acquiring Tarsus, a well-respected competitor. The move will add 160 events and media properties to Informa's portfolio. It will also strengthen its position in China as it prepares for a full return to in-person events in 2024.
On paper, this deal makes perfect sense. Hubilo is keen to move beyond virtual events and build a strong offering for in-person events. Fielddrive brings innovative badging and on-site solutions. Now the challenge is gaining market share.
Emerald has acquired its third female-led company in the past year. With diversity, equity, and inclusion a focus, 50 percent of Emerald’s leadership team identifies as female and 20 percent as a person of color.