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.
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