(GES Business Entities are a dynamic collective of industry-leading companies with unique areas of expertise including GES Exhibitions, Spiro, onPeak, SHOWTECH and Visit, providing comprehensive experiential, strategic, creative, event management and accommodation, meeting planning and logistics solutions, as well as registration and engagement solutions).
Original text from PR Newswire:
las vegas and Los Angeles, October 21, 2024 /PRNewswire/ — GES, a leading provider to the global exhibitions and events industry, today announced that its parent companies, Viad Corp and Truelink Capital, a Los Angeles The private equity-based company has entered into a definitive agreement for Truelink to acquire the GES business. The acquisition is expected to close by the end of 2024, subject to applicable customary closing conditions.
Derek LindGES President said: “This is an exciting time for GES. The business has strong momentum and our team is driving strong revenue growth, profit expansion and customer service. For decades, the publicly traded Viad Group has been An important home for GES, we are excited to begin this next chapter as a private company with Truelink who believe in our ability to continue to deliver industry leadership, innovation and growth.”
With over 2,600 employees and thousands of active union partners globally, GES and its companies have a decades-long history of supporting world-leading brands and events across strong business verticals including healthcare, aerospace and defense, financial services, manufacturing, technology, and retail, with various event marketing capabilities.
“GES is a trusted brand with a proven track record of delivering best-in-class services to the global exhibition and experiential marketing vertical. We look forward to working with this talented team to help the company realize its full potential.” Truelink Co-Founder and Management said partner Luke Myers.
The acquisition includes GES Exhibitions, a major global provider of exhibition and logistics services; Spiro, a leading global experience agency; onPeak, SHOWTECH and Visit providing event accommodation, power/lighting and registration services. Upon completion of the transaction, GES will become a privately held, independent company within the Truelink portfolio and will continue to provide customers with a range of best-in-class, value-added experiential solutions.
Derek LindThe current GES president will serve as president and chief executive officer upon completion of the transaction. he will join Jeff QuaidPresident of GES NA Exhibition Company; Jason SteedPresident, GES EMEA Exhibitions; and Jeff Stromage, President Spirowho will continue to lead the operational business following the transaction.
Linde continued: “We remain committed to delivering exceptional experiences to our customers around the world. Partnering with Truelink will allow us to sharpen our focus on innovation and enhance our capabilities on a differentiated global platform.”
About Jess:
The GES business entities are a dynamic collective of industry-leading companies with unique areas of expertise including GES Exhibitions, Spiro, onPeak, SHOWTECH and Visit, providing comprehensive experiential, strategic, creative, event management and accommodation, meeting planning and Logistics solutions, as well as registration and engagement solutions. We help brands engage their audiences and enhance customer experiences by leveraging what we believe is the most powerful channel in today’s competitive environment: experiential marketing. Whether expanding together or independently, our firm strategically partners with brands and event organizers to translate business needs into measurable results that drive meaningful customer connections and bottom-line impact.
www.ges.com
www.thisisspiro.com
www.onpeak.com
www.showtech.ca
www.visitcloud.com
About True United Capital
Truelink Capital is a middle market private equity firm based in Los Angeles. Truelink combines deep industry experience in industrial and technology-enabled services with a commitment to building partnerships to drive long-term value through operations-focused strategies. Truelink partners with management, enterprise sales and founders to accelerate growth through the execution of strategic initiatives and transformative add-on acquisitions.
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