Comexposium Buys MFV’s Portfolio of Franchise Shows

July 18, 2017

Paris-based Comexposium has acquired MFV, which includes franchise trade shows and conferences in the United States (International Franchise Expo in New York, Franchise Expo West in Los Angeles, Franchise Expo South in Dallas); Franquicias Feria International, the leading annual event in Mexico; and The Franchise Show in London.

A portfolio of developmental events in Latin America and Europe also are part of the acquisition.

“We are delighted to welcome the Franchise events to Comexposium’s growing North & Latin American footprint,” said Steve Corrick, CEO of Comexposium Americas

He added, “They have established themselves as market leaders in their field by remaining dynamic, and responsive to the needs of attendees and exhibitors. The shows and related media are a critical component for an industry that plays such a significant role in the economies of the United States and Mexico, and has a massive impact on States, Cities and local communities by creating millions of jobs. We look forward to continued success and welcome the MFV Franchise team to the Comexposium Group.”

These additions to Comexposium’s event portfolio will strengthen its position in the franchise/retail sectors and expands its presence in the American and Latin American markets, according to Comexposium officials.

Tom Portesy, CEO of the U.S. Franchise events, and Jude Garcia, CEO of the Mexican activities, will report to Corrick.

MFV’s next show up in the U.S. is Franchise Expo West Nov. 2-4 at the Los Angeles Convention Center, followed by the International Franchise Expo May 31-June 2 at the Jacob K. Javits Convention Center of New York.

Comexposium has more than 170 B2C and B2B events across 11 different sectors, including food, agriculture, fashion, security, digital, construction, high-tech, optics and transport.

MFV was represented by The Jordan, Edmiston Group, Inc., a New York City based investment bank that specializes in the media, information, marketing services and related technology industries.

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.