AMR’s Denzil Rankine discusses Washington conference World

July in Washington DC saw AMR International run its second data, analytics and digital strategy conference, in partnership with Lipman Connects. 125 senior leaders from across the exhibition industry were keen to learn how to deal with the changing environment of exhibitions and specifically how to harness digital and analytics.

Dealmakers: Monnington talks global M&A Expert OpinionWorld

The widely predicted sale of Clarion by Providence Equity to another private equity firm has been confirmed with Blackstone Group acquiring the business, reportedly for close to £600m which would represent a multiple in excess of 13x EBITDA. Providence acquired Clarion from Veronis Suhler Stevenson in January 2015 for £200m and, although these are headline numbers and will be gross of the debt that the company has built up in respect of the 18 acquisitions made since Providence invested, it provides a handsome return for Providence who are exited earlier than expected.

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