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Audemars Piguet Reclaims Historic Pocket Watch at AuctionIt purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.
Events & AwardsJan 15, 2014
Emerald Expositions completes acquisition of GLM
Emerald Expositions, the parent company of National Jeweler, the JA New York shows and Couture, announced Wednesday that it has completed its acquisition of George Little Management LLC from Providence Equity Partners for $335 million.
New York--Emerald Expositions, the parent company of National Jeweler, the JA New York shows and Couture, announced Wednesday that it has completed its acquisition of George Little Management LLC from Providence Equity Partners for $335 million.
The transaction was funded with approximately $200 million of debt and a $140 million equity investment from Onex Partners III.
Onex is the private equity firm that bought the trade shows and related publications once owned by Nielsen in June 2013, creating Emerald Expositions.
The deal between Emerald Expositions and GLM was first announced in December.
GLM organizes more than 20 annual trade shows, including four of the largest 100 trade shows in the United States, in five sectors: Design & Home Lifestyle, Sports & Active Lifestyle, E-commerce, Product Development & Sourcing and Luxury Lifestyle.
Included in the company’s portfolio are a few antique jewelry shows, including the New York Antique Jewelry & Watch Show and the Las Vegas Antique Jewelry & Watch Show.
GLM has 130 employees. The company is headquartered in White Plains, N.Y. with additional offices in Ft. Collins, Colo., Naples, Fla., Atlanta, New York and Chicago.
San Juan Capistrano, Calif.-based Emerald is a leading operator of large business-to-business tradeshows in the United States, producing more than 65 trade shows and conference events per year, connecting more 335,000 buyers and sellers across nine diversified end-markets, including jewelry, general merchandise, sports, hospitality and retail design, photography, decorated apparel, building, health care and military.
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