Onex's Emerald Expositions to acquire GLM from Providence for $335 mln
Emerald Expositions Inc, a portfolio company of Canadian private equity firm Onex Corp, has agreed to buy George Little Management LLC (GLM) for US$335 million. The seller in the transaction is U.S. private equity firm Providence Equity Partners, which acquired the White Plains, New York-based tradeshow company in 2011. The deal, which will be funded by around $200 million of debt and a $140 million equity investment from Onex Partners III, is expected to close in Jan. 2014. Onex earlier this year acquired Emerald Expositions, a San Juan Capistrano, Calif.-based operator of business-to-business trade shows and conferences, for US$950 million.
20 December 2013•4 mins read
