Arc Grows U.S. Presence With Acquisition of LRP Media's HR Tech and Ed Tech Portfolios

October 14, 2022

London-based Arc, a global B2B events, data and media platform, is expanding its U.S. footprint with plans to purchase two major portfolios from LRP Media Group, serving business and education professionals worldwide.

Arc signed an agreement to acquire LRP Media Group’s event and related media assets serving the HR technology (HR tech) and education technology (ed tech) sectors. Terms of the acquisition were not disclosed.

The acquisition, which will be the sixth and largest for Arc in the 14 months since the company’s inception, is intended to add substantial scale to the overall Arc platform. The new assets will also significantly expand the Arc network in the U.S., creating a robust complement to Arc’s European business, according to Simon Foster, group CEO of Arc.

“This is a major development for Arc,” Foster said. “The acquisition will expand our capabilities and operations in the U.S. and bring an experienced team, strong brands and more high-growth verticals into the network.”

Foster applauded LRP Media Group’s HR tech and ed tech teams for their impressive track record of launching and developing their nine brands, which include two prominent events: HR Technology Conference and Expo, which recently held its 25th annual in-person show at Mandalay Bay Convention Center in Las Vegas, and the National Future of Education Technology Conference, set to hold its 43rd annual show Jan. 23-26 at the Ernest N. Morial Convention Center in New Orleans.

“We’re looking forward to working with our new colleagues to grow these portfolios and to further develop Arc in the United States,” Foster added.

According to Ken Kahn, president and founder of LRP Media Group, the teams responsible for the nine brands in the HR tech and ed tech portfolios have done a fantastic job transforming and expanding them into best-in-class offerings over many years.

“We are incredibly proud of the teams and brands and believe that we have found a great home for them with Simon and the Arc team,” Kahn said. “We look forward to watching them succeed in this new era.”

The new portfolios reflect Arc’s strategy to connect business communities wherever, whenever and however they need, according to Foster, providing a diverse range of engagement solutions for facilitating networking and business growth. Professionals are brought together through networking and educational events including the HR Technology Conference and Expo and the Future of Education Technology Conference, as well as through content platforms such as HR ExecutiveDistrict Administration and University Business.

With the acquisition, Arc, which is backed by investment funds managed by EagleTree Capital, now boasts more than 120 events per year and content platforms in HR technology, agriculture and food, financial services, investing technology and education technology. 

Other Arc Investments

The LRP Media Group deal comes on the heels of several other acquisitions by Arc this year and last year, including the following.  

Don’t miss any event-related news: Sign up for our weekly e-newsletter HERE, listen to our latest podcast HERE and engage with us on TwitterFacebook and  LinkedIn!

Add new comment

Partner Voices
Dallas already boasts 35,000 hotel rooms, award-winning global cuisine, and a walkable downtown. But we are just getting started. Visit Dallas is thrilled to announce that the city of Dallas is doubling down with a massive new convention center and entertainment district. Featuring 800,000 square feet of exhibit area, 260,000 square feet of meeting rooms, and 170,000 square feet of ballroom. The center will connect business travelers with dining and shopping options in the popular Cedars District means more places to get down to business, and even more ways to unwind. “Dallas is already a great meetings and conventions destination, with the accessibility of two major airports, affordable labor, and an outstanding hotel product,” said D. Bradley Kent, Visit Dallas senior vice president and chief sales officer. “The new center and Convention Center District will enhance Dallas’ competitive position and are exactly what our customers’ need and have been asking for." What’s New – AT&T Discovery District Located in the heart of Downtown Dallas, this new district on the AT&T corporate campus is tailor-made for groups of all sizes. It boasts a multi-sensory experience, including outdoor event space, the AT&T Theater, and multiple dining outlets including JAXON Beer Garden and The Exchange, a bustling food hall. Hotels Coming Soon Names like the JW Marriott (Downtown), lnterContinental Dallas (Uptown), and Hotel Swexan (Uptown) are adding luxury amenities and bountiful event spaces. The projects will debut in 2023 and beyond. JW Marriott This new, 15-story, 283-room hotel will open in the heart of the city’s downtown Arts District this year. The property features a 25,000-square-foot grand ballroom, as well as a spa, restaurant, lobby bar, fitness center, and a rooftop pool deck and bar. InterContinental Dallas  Located in Cityplace Tower in Uptown, InterContinental Dallas will feature sweeping panoramic views of the Dallas skyline. Guests will enjoy spacious, high-end rooms and amenities, including more than 21,000 square feet of event space.   Hotel Swexan Hotel Swexan, a new, 22-story luxury property, is rising in Uptown’s Harwood District and will make its mark on the Dallas skyline. Opening this year, it is a sculptural building with cantilevered upper floors, as well as a 75-foot rooftop infinity-edge swimming pool and a hidden underground lounge.