Clarion Events Ltd
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Clarion Events Ltd, ClarionEvents.com, GlobalSources.com
Articles
- Nov.03.2020: Clarion Events acquires California-based executive-level conference company. Quartz Events produces industry-leading Summits for senior level executives across North America. Their portfolio of events service key corporate job departments including: IT, Finance, HR, Marketing, Supply Chain, Procurement, Operations and R&D. Their innovative model and technology stack connects department heads with relevant solution providers through a curated and white glove experience. They have recently pivoted their offerings to include Virtual Summits facilitating tens of thousands on meetings over video conference. QuartzEvents.com Power Engineering.
- Nov.03.2020: Clarion Events (Blackstone) Acquires Quartz Events, Producer of invitation-only executive conferences. Blackstone portfolio company Clarion Events, one of the world’s leading event organizers, will acquire global digital networking platform California-based Quartz Events, the fastest growing producer of invitation-only, executive summits. InfoPlay International.
- Mar.2020: U.K.-Based Clarion Events Placed On CreditWatch Negative On Show Cancellations Due To Coronavirus. After the acquisition of Global Sources in 2018, Clarion has gained significant presence in the APAC region, which currently accounts for about 30% of revenue. Several of its large shows are held in Mainland China and Hong Kong. The company's small scale and high leverage translates to weaker credit quality than other trade show organizers. U.K.-based Clarion Events is wholly owned by private-equity sponsor Blackstone. It organizes more than 200 B2B (tradeshows) and business-to-consumer (consumer and enthusiast exhibitions) events in more than 50 countries globally with a material presence in the U.S, the U.K, Europe, and Asia. Key industries in which Clarion operates include retail and home, defense and security, gaming and energy, and resources. In 2018, the group increased its scale by integrating PennWell, a USA-based organizer of events in the safety and energy industries, and Global Sources, a Hong Kong-based operator that holds electronics and technology events. Its largest events include the LAAD and DSEI defense shows, the ICE gaming event, and the Consumer Electronics Show (Hong Kong). AC Investment Inc.
- Feb.02.2018: Clarion Events completes merger with Global Sources. Private equity firm Blackstone, the owner of organiser Clarion Events, has announced that the company has completed a merger with Global Sources, an exhibitions and online B2B marketplace operator based in Hong Kong and also owned by Blackstone. The new group will continue to operate under the name Clarion Events, with the Global Sources brand identity retained in the Asian region. Nicola Macdonald, Exhibition News.
- Feb.01.2018: Clarion Events completes merger with Global Sources. London-based Clarion Events, an event organiser, has completed a merger with Global Sources, an Asian exhibitions and online B2B marketplace operator based in Hong Kong. Funds managed by Blackstone will control the combined group. Combining both market-leaders will create one of the largest privately-owned exhibitions businesses globally, with substantial scale across Asia, Europe and North America. Press Release, Blackstone.
- Jul.24.2017: Blackstone Acquires Clarion. Blackstone announced the acquisition of Clarion Events, an events organiser, from private equity funds managed by Providence Equity Partners LLC (provequity.com, link). Since its formation in 1947, Clarion has grown into a truly international business with an established market leading platform. .pdf Press Release, Blackstone.
- Jan.15.2015: VSS Sells Clarion Events. In December, VSS signed an agreement to sell Clarion Events to Providence Equity Partners for £210m. The transaction closed in Jan.2015. Clarion is one of the leading B2B exhibition and events organizers based in London with a global presence. Over the course of VSS’s ownership, Clarion completed 12 add-on acquisitions in multiple geographies and multiple sectors. Press Release, VSS. WP:VSS, Veronis Suhler Stevenson LLC