JEGI, the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, is pleased to announce that Michael Hirsch has joined the firm as Managing Director.
Mergers & Acquisitions
PE firm HGGC has acquired Etouches, a venue sourcing and event management software maker. The investment from the PE firm is intended to help Etouches expand services and enhance its technology to win a greater share of the $6 billion global EMS market.
Investment bank JEGI hired Kathleen Thomas as a managing director. She will focus on expanding JEGI’s offerings across B2B media and events M&A. Prior to JEGI, Thomas worked at Drake Star Partners.
HGGC said May 9 that it has closed its buy of etouches. Etouches, of Norwalk, Connecticut, provides cloud event management software. JEGI acted as a buy-side advisor to HGGC.
Trade Show Executive
JEGI, an independent investment bank for the global media, information, marketing, software and tech‐enabled services sectors, has hired Kathleen Thomas as Managing Director.
Kathleen Thomas, who has worked for several high-profile investment banking firms in the business-to-business exhibitions and conferences space, was named managing director at New York City-based JEGI.
JEGI is pleased to announce that Kathleen Thomas has joined the firm as Managing Director. In this role, Ms. Thomas will further expand JEGI’s global leadership across the B2B media and events markets.
In the first quarter of 2017, mergers and acquisitions across the media, information, marketing, software and tech-enabled services sectors totaled 554 announced transactions accounting for $31.8 billion.
In our partner Clarity’s report this month they examine the Corporate Data sector and the key opportunities and challenges they see for companies in the space, including the impact of unstructured data and predictive analytics.
Talking New Media
AIM announced today the sale of Show Management to Informa, the London-based global business intelligence, academic publishing, knowledge & events company. JEGI represented AIM in this transaction.
M&A in marketing services have never been so unpredictable. JEGI | Clarity’s report looked at 867 agency acquisitions across Europe, No. America & Australasia last year and found that 39% of agencies were bought by a business with “a heritage outside marketing services.”
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“The JEGI team is one of the most effective in the industry. Their expertise and effort in this transaction reduced our management team’s workload by 30%. Their effectiveness drove an exceptional outcome, and they did it with grace and style. JEGI has a lifelong friend.”Monte Wood, President, Opus
“I have now completed my fourth successful transaction with JEGI. They know their markets inside and out and are strategic, creative, tenacious and results oriented. Most importantly, they have always added significant value and delivered outstanding results. JEGI goes above and beyond to deliver the desired results for their customers.”Bob Dethlefs, Chief Executive Officer, Evanta