Expert Opinion

Dealmakers: Monnington talks global M&A
Expert Opinion / World
10 Aug 2017

Dealmakers: Monnington talks global M&A

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.

Fondazione Fiera Milano reflects on GED Award win
Europe / Expert Opinion / News
25 Jul 2017

Fondazione Fiera Milano reflects on GED Award win

Fondazione Fiera Milano has won the first Global Exhibitions Day Award in the ‘Highest Profile Online Activity’ category. Cinzia Zanin comments on the win… When we heard of the Global Exhibitions Day we immediately thought it was a great idea and a big opportunity for us. While there are many discussions about the mysterious ‘Millennials factor’ and about the lack of talents that are willing to...

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