JEGI Represents MMPI Canada in Sale to Informa
New York, NY July 25, 2012 MMPI Canada, the leading Canadian producer of trade shows, conferences and consumer shows, has been acquired by Informa plc for total consideration of $53 million. London Stock Exchange listed Informa is the largest publicly-owned organizer of conferences and courses in the world, with an output of over 8,500 events annually.
The Jordan, Edmiston Group, Inc. (www.jegi.com) of New York, NY, the leading independent investment bank for the media, information, marketing services, and technology sectors, represented MMPI Canada in this transaction and acted as its exclusive financial advisor.
MMPI Canada produces and manages over 55 seminars, conferences, trade and consumer shows every year. As a well-known entity, MMPI Canada produces events in many sectors, including construction, design, craft, art, real estate, furniture, furnishings and food. MMPI Canada’s mission is to create, produce and manage relevant and profitable events, where successful business relationships are formed and nurtured.
In its Interim Results on July 25, Informa stated, “With specialization in construction, real estate, interior design and furnishing, the business (MMPI Canada) fits well with our sector strengths, and we are confident about the opportunities that exist to grow the business within Informa by launching new shows or geo-cloning existing ones into new markets.”
In commenting on the transaction, Managing Director Richard Mead of JEGI said: “There was considerable interest from both strategic and financial buyers reflecting the leading market position of MMPI Canada, and the quality of its management. This underscores the ongoing strength of the events model in B2B and B2C marketing.”
About MMPI Canada
MMPI Canada produces and manages over 55 seminars, conferences, trade and consumer shows every year. It has events in Calgary, Edmonton, Halifax, Montreal, Ottawa, Quebec City, Regina, Saskatoon, Toronto, Vancouver, Winnipeg and Seattle. MMPI Canada produces events in many sectors, including construction, design, craft, art, real estate, furniture, furnishings and food. The company’s mission is to create, produce and manage relevant and profitable events, where successful business relationships are formed and nurtured. For more information, visit www.mmpicanada.com.
Informa provides academics, businesses and individuals with unparalleled knowledge, up-to-the minute information and highly specialist skills and services. With around 8,000 employees working in some 150 offices in over 40 countries, our global reach and breadth of offer is unique. Informa is the largest publicly-owned organizer of exhibitions, events and training in the world providing inspiring marketplaces and the opportunity for knowledge to be shared. For more information, visit www.informa.com.
About Vornado Realty Trust
Vornado Realty Trust is a fully-integrated real estate investment trust (REIT). It is one of the largest owners and managers of commercial real estate in the US, with a portfolio of over 100 million square feet, primarily located in the New York and Washington, DC areas. Vornado’s core businesses include New York Office and Retail Properties; Washington, DC Office Properties; and, Retail Properties in the northeast states, California and Puerto Rico. For more information, visitwww.vno.com.
About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) of New York, NY is the leading provider of independent investment banking services for the media, information, marketing services and technology sectors. Celebrating its 25th anniversary in 2012, JEGI has completed more than 500 high‐profile M&A transactions for global corporations; middle-market and emerging companies; entrepreneurial owners; and private equity and venture capital firms, including more transactions in the events sector than any other advisory firm. For more information, visit www.jegi.com.