Exhibition News October 2017 - Page 10

NEWS THE MONTH IN NUMBERS 49th edition of Southampton Boat Show 5-year deal for NCC Events and the NEC 2021 Concours of Elegance to return to HRP venues for next four years 2-year partnership agreed between Mash Media and Sandown Park 10 2019 CloserStill extends partnership with GES for two years 100% growth for Betting on Sports Expo Quote/ Unquote ”For organisers and investors, the exhibitions market remains a fragmented, highly attractive sector” Diana Gineva, editor of Globex 2017 by AMR International October 2017 | exhibitionnews.co.uk CloserStill acquires UBM shows CloserStill Media has announced the acquisition of Technology For Marketing (TFM), eCommerce Expo, the Care Show and Top 50 Companies from UBM. The organiser has partnered with Graeme Howe and Justin Opie to run the technology portfolio of TFM, eCommerce Expo and the Top 50. Howe and Opie formerly owned IMP events from where they launched a number of technology events including Adtech UK in 2006 (subsequently acquired by DMG) and eCommerce Expo in 2006. Howe commented: “We are delighted to partner with the team at CloserStill who have an incredible track record of investing in and operating award-winning exhibitions in related sectors and we share a common vision for the potential and importance of the event.” TFM and eCommerce expo takes place on 27-28 September at Olympia. Educational content will form the heart of a refreshed proposition for the event and to make it more appealing and relevant for its audience of senior buyers. “We are honoured and excited to be given the opportunity to apply the experience and expertise of our large and passionate healthcare team to maintain the Care Show’s leadership position in the sector,” said Michael Westcott, CloserStill Media director. The existing teams on all the events will be joining the company. Mayfi eld Merger Strategies acted as adviser to CloserStill Media. Management buyout at mclcreate The management team of live events company mclcreate has completed a management buyout from the NEP Group, Inc. for an undisclosed sum. “This is a huge and exciting opportunity for mclcreate,” said Tim Spencer, the new CEO of the company and former managing director of the business. NEP Group acquired mclcreate’s parent company Avesco in January 2017. Based in Pittsburgh, PA, US, NEP Group is one of the world’s largest outsourced production partners, supporting premier content producers across the broadcast and live events industries. “I would like to thank Avesco, our previous owners, and, subsequently, NEP Group for their support in making this deal happen. Now, we can focus clearly on mclcreate. No one else has our capabilities and we are fully primed for a new era in event delivery,” Spencer added. Kevin Rabbit, CEO of the NEP Group, commented: “We wish Tim and his team success with this exciting new opportunity. We acquired the Avesco Group, which included the mclcreate and Creative Technology (CT) businesses earlier this year. The addition of CT was consistent with NEP Group’s strategy to become the worldwide leader in the live event industry. “This management buyout allows CT Group in Europe to focus 100 per cent on our core live event solutions and clients while enabling Tim and his team to further grow the mclcreate business.”