At what enterprise value was CLARION EVENTS acquired in 2017?

During the acquisition of CLARION EVENTS by BLACKSTONE in 2017, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CLARION EVENTS when it was acquired by BLACKSTONE?

The estimated EV/EBITDA multiple for CLARION EVENTS is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was CLARION EVENTS acquired by BLACKSTONE?

CLARION EVENTS was acquired by BLACKSTONE in 2017.

What was the revenue of CLARION EVENTS at the time of the deal?

The revenue of CLARION EVENTS at the time of the deal is estimated to be in the range of 100M - 200M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of CLARION EVENTS during the acquisition?

CLARION EVENTS's EBITDA is estimated to be in the range of 25M - 50M GBP. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the CLARION EVENTS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the CLARION EVENTS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.blackstone.com/news/press/blackstone-acquires-clarion/

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Home Database Business ServicesCLARION EVENTS

07/2017

CLARION EVENTS acquired by BLACKSTONE

UNITED KINGDOM Professional Services / Marketing & Events EV 500M - 1.5b GBP

Context

Blackstone acquired a majority stake in Clarion Events from Providence Equity Partners in a competitive auction process involving five other private equity firms. The transaction was valued at �600 million (approximately $800 million). The strategic rationale for Blackstone was to acquire a market-leading platform with highly "sticky" recurring revenues and a proven management team. Following the acquisition, the group was merged with the Asia-based operator Global Sources to further solidify its presence in the APAC region.

CLARION EVENTS, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

Clarion Events is a premier independent events organizer. At the time of the deal, it operated over 180 events across 50 countries, employing 950 people in 13 offices. The company holds global leadership positions in high-value verticals, including Gaming (ICE), Defense & Security (DSEI), Energy (POWERGEN), and Retail & Home. It is recognized for its "buy-and-build" platform and its ability to scale niche UK brands into international market leaders.

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REFERENCES

Valuation range: EV 500M - 1.5b GBP

Revenue range: 100M - 200M GBP

EBITDA range: 25M - 50M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CLARION EVENTS by BLACKSTONE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: blackstone