JEGI Represents JD Events in Sale of CCW and SATCON to NAB
New York, NY December 23, 2013 The National Association of Broadcasters (NAB) announced today it has purchased the assets of the Content and Communications World (CCW) and Satellite Communications Conference and Expo (SATCON) events from JD Events, a leading trade show organizer. CCW and SATCON, held annually in November, are co-located at the Javits Convention Center in New York City. The two events will complement NAB’s existing trade shows and events, including NAB Show, held in Las Vegas annually in April.
The Jordan, Edmiston Group, Inc. (www.jegi.com) of New York, NY, the leading independent investment bank for the media, information, marketing, and technology sectors, represented JD Events in this transaction and acted as its exclusive financial advisor.
CCW is the leading media, entertainment, and communications technology event of its kind in New York with a focus on content creation, management and delivery technologies. SATCON offers education and exhibits serving companies in the satellite-enabled communications and content delivery industry. The 2013 CCW (which included SATCON) broke all previously held event attendance records with 6,898 attendees, a 22% increase from 2012.
“We have made these additions to the NAB event family with the goal of growing both the attendee and exhibitor base of what has emerged as an important East Coast venue for the content community,” said Executive Vice President of NAB Conventions and Business Operations, Chris Brown. “We look forward to bringing the future-focused trends and technologies featured at NAB Show to one of the most important media markets in the world.”
Joel Davis, Founder and CEO of JD Events, said, “We have worked hard to build these two shows to where they are today. Along the way we have worked with wonderful exhibiting companies and met a broad spectrum of industry professionals. We believe the shows have grown to the point where they need a larger and more experienced owner to take them to the next level. We are pleased to place the future of these events into the very capable hands of the NAB.”
About JD Events
JD Events is dedicated to the creation of targeted and innovative industry-leading events that deliver results. The company brings together highly qualified buying audiences, education-rich content and high-level networking opportunities – all geared toward increasing business transactions in the markets it serves. For more information, visit jdevents.com.
The National Association of Broadcasters is the premier advocacy association for America’s broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. For more information, visit www.nab.org.
About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) of New York has been the leading independent investment bank for the media, information, marketing and technology sectors for more than 26 years. The firm has completed over 500 high‐profile M&A transactions for global corporations; middle-market and emerging companies; entrepreneurial owners; and private equity and venture capital firms. For more information, visit www.jegi.com.
“The JEGI team has handled multiple transactions for JD Events over the years, and I have been ecstatic with the results. They provide professional deal making expertise, in depth market research and a sophisticated process that will produce the best possible outcome for you and your company. Most importantly, over the course of many years and many deals, they have developed the single most trusted reputation in the media industry, and they have developed close relationships with all the key players and senior executive decision makers in the space…on both the buy side and the sell side. They are the experts in the tradeshow sector. I recommend JEGI to anyone who wants to work with the best.”
– Joel A. Davis, Founder & CEO, JD Events