1 DAY AGO - B2B organiser and publisher Tarsus Group is set to be acquired by private equity firm Charterhouse, which completed a sale of Comexposium in March 2019, for approximately £561m. The terms of the acquisition imply an enterprise value of £668m and a multiple of approximately 17 times average EBITDA for Tarsus’s financial years ended 31 December 2017 and 31 December 2018. Tarsus operates globally in the United States and the Americas, China, South East Asia, the Middle East and North Africa, Turkey and Europe, in verticals including aviation, medical, labels and packaging, travel, housewares and automotive. It runs more than 160 events with a number of flagship brands including Labelexpo, Connect and the Dubai Airshow. Neville Buch, Tarsus chairman, commented: “I am delighted to announce that the Independent Tarsus Directors have reached agreement with Charterhouse on the acquisition. We believe that the acquisition provides significant value for Tarsus’s shareholders, whilst ensuring Collapse

2 DAYS AGO - The Alliance of Brain Cities hosted 20 international associations at a breakfast on 21 May in Frankfurt during IMEX 2019.  Attendees included representatives from Rehabilitation International, International Water Resources Association and the World Association for Medical Law.The breakfast debated a wide range of topics such as: All the delegates expressed strong support for second tier (non-capital cities) for their association events.  Primarily this is due to the perception that their event will be considered more important to the city, deliver a legacy that will be appreciated by the destination and above all else receive a more personal and high-quality level of service from destinations and venues. The importance of transparency was highlighted by several attendees, who need to ensure that their destination partners not only offer value but demonstrate a corruption free, commercially credible offering that sits with their own ethics. Sustainability that goes beyond the Collapse

2 DAYS AGO - Event technology organisation Cvent has announced plans to expand its European footprint as it aims to hire nearly 1,000 employees around the world in 2019. The company will double the office headcount in Frankfurt and will continue to increase hiring efforts for its other regional offices in London and Dubai. The news comes just one year after Cvent announced it is opening a Frankfurt office which was established to provide more localised support and dedicated service for the Company’s growing German customer base. “This is a very exciting time for the company,” said Cvent founder and CEO Reggie Aggarwal (pictured). “We are rapidly expanding our employee and customer base in the UK, Germany and across Europe. Last year alone, we saw a 38 percent increase in DACH hospitality clients. We’re expanding our headcount to support this growing interest in event and hospitality technology in the region, and now have more than 4,000 employees worldwide. With more than 31% of business trips to Collapse

3 DAYS AGO - Millions of business professionals who attend and exhibit at trade fairs, conferences and other major networking events around the world each year could be failing to convert business opportunities made onsite due to poor sales and marketing tactics and careless post-event follow-up, according to research published  by Cvent at IMEX Frankfurt. More than 2,000 UK business executives took part in the research commissioned by Cvent. All respondents had attended at least one trade show, conference or major business networking event in the past twelve months. Generic onsite sales pitches, misspelled names or incorrect company labels and job titles in follow-up communications, pushy and overly assertive salespeople, ‘hard-sell’ techniques and selling unsuitable products or services as well as being harassed by persistent phone calls were highlighted as top reasons attendees would not do business with exhibitors, sales teams and other contacts who were following up post-event. When Collapse

3 DAYS AGO - The Alliance of Brain Cities hosted 20 international associations at a breakfast in Frankfurt, 21 May, during IMEX 2019. Attendees included representatives from Rehabilitation International, International Water Resources Association and the World Association for Medical Law. The breakfast debated a wide range of topics including: Support for second tier (non-capital cities) for association events. The perception being that an association event will be considered more important to the city, deliver a legacy that will be appreciated by the destination and above all else receive a more personal and high quality level of service from destinations and venues. The importance of transparency, as associations need to demonstrate their destination partners not only offer value but have a corruption free, commercially credible offering that sits with their own ethics. Sustainability that goes beyond the environment to include social justice and economic stability. The Alliance of Brain Cities Collapse

4 DAYS AGO - BestCities Global Alliance made three announcements at Day 1 of IMEX in Frankfurt, 21 May, and include Cape Town becoming the new Chair of the consortium’s board. The Alliance also announced its Global Forum 2019 would take place in Copenhagen and that it would be launching a Young Leaders grant programme. Corne Koch, Head of Cape Town and Western Cape Convention Bureau, was elected to Chair the Board of BestCities. She takes over from Jeannie Lim of Singapore who had served a year in the role. The BestCities Board is comprised of Koch and senior representatives from the other 11 BestCities destinations – Berlin, Bogotá, Copenhagen, Edinburgh, Dubai, Houston, Madrid, Melbourne, Singapore, Tokyo, and Vancouver. “For the past five years I have been privileged to be part of a passionate community who share a vision of delivering exceptional service to its clients, while at the same time being a responsible and relevant body. I have been part of the work done in designing a new Collapse

4 DAYS AGO - Day one of IMEX Frankfurt began with a talk on the topic of food waste, from Laura Berment of Too Good To Go (pictured left) and Majbritt Sandberg (pictured right) of Red Lab Experience. Too Good To Go is an app tackling the issue of food waste, by connecting restaurants, shops, cafes and event venues which have surplus food, with customers willing to buy it at a reduced price in order to prevent it being thrown away. Berment described it as a win-win-win situation for everyone involved: for businesses, it generates an extra stream of revenue from food which was destined for landfill; for customers it provides discount prices; and of course – it has an enormous net benefit for the environment. More than one third of all food produced around the world is wasted every year, according to Berment, which amounts to $1.2 trillion, while 870 million people go hungry every day. On top of that, the production of this excess food takes an enormous toll on our planet. How many times have Collapse

4 DAYS AGO - “Five years ago, the discussion was whether digital events would completely replace live, in person events. What we see now is that in-person events are more important than ever,” said Bob Bejan, GM of Global Events at Microsoft and speaker at Exclusively Corporate at EduMonday, the traditional curtain-raiser for the annual IMEX Frankfurt industry tradeshow. In his session, Bejan explained how the “connection between people, the exchange of information” lies at the heart of meetings and events. Speakers from the International Olympic Committee, Barclays, Cisco and KPMG also shared their approach to events at Exclusively Corporate, held this year at the Grandhotel Hessischer Hof. Nicola Wedge, Head of Events at Barclays, defined creativity as “the human spark that gives meaning to life,” urging planners to give their attendees “what they don’t know they want.” “I found my tribe and people who believe in the same things as I do” said Anne Kjaer Riechert, Co-Founder and MD of ReDI Collapse

4 DAYS AGO - IMEX 2019 is officially under way in Germany, where the MICE industry has gathered under the roof of the enormous Messe Frankfurt to network, learn and do business. CMW will be providing live updates throughout the three-day event, so keep your eyes peeled for relevant content from keynotes, panels, the show floor and beyond. Auf geht’s! The post IMEX Frankfurt 2019 is live! appeared first on CMW. Collapse