JEGI Represents dmg events in Sale of Digital Marketing Division to Comexposium
New York, NY, September 23, 2015 – The Comexposium Group, one of the world’s leading event organizers, is acquiring the Digital Marketing division (dmg events Digital Marketing) of dmg events, which operates the market-leading ad:tech, iMedia and Digital Collective series of B2B events in the United States, Japan, India, Australia, New Zealand and the United Kingdom.
The Jordan, Edmiston Group, Inc. (JEGI) (www.jegi.com), the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented dmg events in this transaction.
This strategic acquisition complements the Mobile Media Summit (MMS) network of events established in New York, San Francisco, Los Angeles, Chicago, London, Miami, Las Vegas, Barcelona and Cannes, acquired in February 2015. JEGI represented Mobile Motion, founder and organizer of Mobile Media Summit, in its sale to Comexposium.
Paran Johar, CEO & Founder of Mobile Media Summit, and Matt Denton, President of dmg events Digital Marketing, will be in charge of these events retaining the dmg events Digital Marketing team.
Thanks to this acquisition, Comexposium will benefit from an additional range of digital marketing and e-commerce events on four continents.
The combination of the ad:tech, iMedia, Digital Collective and Mobile Media Summit events will allow the group to offer an essential network of events dedicated to the digital marketing, mobile and e-commerce industries, aimed at major brands, influencers, communication agencies and the world’s most innovative companies in the sector.
For Renaud Hamaide, CEO of Comexposium: “Digital marketing is a rapidly growing sector which falls within the Group’s international development strategy, and increases a portfolio of leading events which match our existing events: the Mobile Media Summit, Digital Marketing One-to-One, E-Commerce and E-Commerce One-to-One. It will also allow Comexposium to become the world leader in terms of digital marketing and e-commerce events.”
About dmg events
dmg events is a wholly-owned subsidiary of the Daily Mail and General Trust plc, one of the largest media companies in the United Kingdom. dmg events was founded in 1989 and now organizes over 80 events in 25 countries each year. Headquartered in Stamford, CT, it is currently active in North America, the Middle East, North Africa, Europe, Asia and Australia, employing more than 300 staff. For more information, visit www.dmgevents.com.
About The Comexposium Group
The Comexposium Group, one of the world leaders in event organization, is involved in 135 B2C and B2B events, covering 17 different sectors of activity. Every year, Comexposium hosts 38,000 exhibitors and 3.5 million visitors. Today, Comexposium organizes 60 events around the world in varied sectors, such as food, agriculture, fashion, homeland security, construction, high-tech, optics and transport. For more information, visit en.comexposium.com.
About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) has been the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors for nearly 28 years. Headquartered in New York, with offices in Boston and Atlanta, as well as affiliates in London and India, JEGI has completed nearly 600 high‐profile M&A transactions, serving global corporations; middle‐market and emerging companies; entrepreneurial owners and founders; and private equity and venture capital firms. For more information, visit www.jegi.com.
“Many thanks to the JEGI team for all your efforts in getting the sale of our Digital Marketing division to the finish line – a great outcome delivered on time and exceeding our expectations. Another successful transaction in the long-standing and valued relationship we enjoy with JEGI.”
– Paul Sykes, CFO, dmg Information