A San Juan Capistrano-based company that puts on trade shows just bought out the company that puts on the Surf Expo in Orlando, Fla.
Emerald Expositions Inc. – a company created when Canadian company Onex bought out locally based Nielsen Expositions earlier this year – bought George Little Management LLC of White Plains, N.Y. for $335 million, according to California Apparel News.
“This acquisition expands upon our position as a leading trade-show organizer in the United States,” said Emerald’s CEO David Loechner in a statement, the trade publication reported.
The deal, which is funded by about $200 million of debt and $140 million equity investment from Onex, is expected to close in January, California Apparel News reported.
Emerald puts on 65 trade shows a year.
Read the entire report here.