JEGI REPRESENTS WYNDHAM JADE IN SALE TO MCI
New York, NY, August 10, 2017 – Wyndham Jade, an industry-leading event and travel management company specializing in integrated convention housing and registration, site selection, meeting management, incentive programs and business travel management, has been sold to MCI.
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 Wyndham Jade in this transaction.
The addition of Wyndham Jade becomes a key component of MCI USA’s Meetings, Conventions and Incentives platform serving both associations and corporations, while accelerating MCI’s focused growth in the United States.
“MCI has closely monitored Wyndham Jade’s evolution as part of our larger dream around MCI’s growth and market strength in the United States,” said MCI Group Chief Executive Officer Sebastien Tondeur. “With this element of the dream now fulfilled, I’m excited to announce MCI’s intention to further accelerate in the near term its buy/build plans in the United States.”
“Wyndham Jade is a proven innovator in event technology and logistical execution. Together with MCI’s other recent acquisitions, the synergistic addition of Wyndham Jade enables MCI to serve associations and corporations with an impactful array of strategic and tactical solutions along the entire events value chain,” said Tom Gibson, Chief Executive Officer, MCI USA.
Shawn Pierce, President, Strategic Event Management, will lead the Wyndham Jade platform from Dallas, integrating its capabilities into MCI USA’s overall association and corporate meetings and events portfolio. Over his 20+ years’ experience in the event industry, Pierce has built enormously successful companies and organizational structures by leveraging data driven insights which fuel client-focused results. Pierce previously served as President of Experient and Senior Vice President at Hanley Wood.
“MCI is committed to enhancing the strategic and economic impact of our clients’ association and corporate events,” said Pierce. “In Wyndham Jade, we have added essential tools and proven talents that further enhance MCI’s role and reputation as a global leader.”
“MCI is a tailor-made platform for Wyndham Jade to further expand its value and service array to its clients. Our team is thrilled to become a part of MCI’s global story of innovation, growth and success,” said Sue Trizlia, Wyndham Jade Founder, who with the acquisition moves into a long-term executive advisory role with MCI USA.
Wyndham Jade now operates as Wyndham Jade, an MCI Group company and becomes part of MCI USA. Headquartered just outside Dallas, Texas in the fast growing city of Plano, with offices in Arizona, Iowa, Georgia and Illinois, Wyndham Jade brings 120 new talents to MCI USA.
About Wyndham Jade
Wyndham Jade is an event and travel management company that specializes in convention housing and registration, meeting management, incentive programs, business travel management and site selection. A pioneer in convention housing, Wyndham Jade has helped clients strategically manage housing and registration services for more than 30 years. With offices in Texas, Arizona, Iowa, Georgia and Chicago, Wyndham Jade has the resources to offer a complete event and travel solution to associations and companies. Backed by innovation, Wyndham Jade offers a complete technology solution by combining housing and registration into one integrated platform. For more information, visit www.wyndhamjade.com.
MCI is the global leader in engaging and activating audiences. Our business is founded on a simple human insight: When people come together, magic happens. This magic is called community. Since 1987 we have been bringing people together through inspiring meetings, events, congresses and association management. MCI helps organizations harness the power of community by applying our strategic engagement and activation solutions to build unforgettable online and offline experiences that foster change, inspire, educate and enhance business performance. MCI is an independently owned company with headquarters in Geneva, Switzerland and a global presence. Our 2,000 professionals in 60+ cities and 31 countries work with clients across Europe, the Americas, Asia-Pacific, India, the Middle East and Africa. For more information, visit www.mci-group.com.
JEGI has been the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors for over 30 years. Headquartered in North America, with offices in New York City and Boston, as well as London and Sydney (through its partnership with Clarity), JEGI has completed more than 600 high‐profile M&A and financing 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.
“Our team at JEGI went the extra mile to ultimately get the deal WE wanted done. Not only did they understand our business and our industry, they understood the complexity of the human factor on both sides of the table. They worked tirelessly to ensure all parties were communicating throughout the entire process, allowing us to keep things moving while fostering positive discussions, even when we faced some difficult challenges. The JEGI team was a true partner every step of the way.”
– Sue Trizila, President & CEO, Wyndham Jade