Onex's Emerald Expositions completes $335 mln purchase of GLM
Emerald Expositions Inc, a portfolio company of Canadian private equity firm Onex Corp, has completed its previously-announced buy of trade show specialist George Little Management LLC (GLM) for US$335 million. The seller was U.S. private equity firm Providence Equity Partners, which acquired the White Plains, New York-based GLM in 2011. Onex Partners III invested US$140 million in the acquisition, with the balance funded by Emerald Expositions with debt. Onex bought the San Juan Capistrano, Calif.-based company, an operator of business-to-business trade shows and conferences, for US$950 million in 2013.
15 January 2014•3 mins read
