Feb 07, 2019
AEG Facilities, the venue management subsidiary of AEG, and SMG, an Onex portfolio company and venue management company, have signed a definitive agreement to merge.
This combination will create a new, standalone global facility management and venue services company that will operate as ASM Global (“ASM”).
Onex and AEG’s subsidiary will each own 50 percent of the company following the completion of the transaction.
The terms of the transaction were not disclosed.
Wes Westley, CEO and president of SMG, said, “This merger is a major step for our industry. We are excited to bring… more
Feb 07, 2019
The biannual MAGIC fashion trade show is reinventing itself by offering a new one-stop shopping experience at a single venue, following feedback from MAGIC buyers.
Starting in August, MAGIC will take place entirely at the Las Vegas Convention Center, eliminating the need for retail industry buyers to hop between this venue and Mandalay Bay Convention Center to shop the massive marketplace.
At the LVCC, MAGIC’s many distinct shows will be able to exist as unique, curated neighborhoods within a single campus. Each marketplace will have its own look, feel and sense of community while… more
Feb 06, 2019
This year has already been a busy one for trade shows, with five major events wrapping up in January. Take a look at some of the highlights, each indicators that the industry looks strong for 2019 and beyond.
World of Concrete
This signature event for the international concrete and mason industries marked its largest show in a decade, drawing 60,511 attendees and more than 1,500 companies—including 259 brand-new ones—exhibiting across nearly 777,000 net square feet of exhibit space at Las Vegas Convention Center. The show’s educational component enjoyed a 5 percent increase in attendance… more
Feb 06, 2019
Diversified Communications’ President and CEO Theodore Wirth promoted Mary Larkin to President of Diversified Communications’ U.S. operating division.
“In 2014, we took the unusual step and established a three-person EVP team. Bill Springer, Mike Lodato and Mary Larkin were able to grow the business, but three-person leadership teams are challenging at best and we felt it was the right time to appoint one leader,” Wirth said.
He added, “We greatly appreciate what Bill, Mike and Mary accomplished together and throughout their careers here and look forward to the future of Diversified… more
Feb 05, 2019
Is the next recession coming? Joe Popolo, CEO of Freeman, doesn’t seem to think so. In the past twelve months, the Dallas-based company completed several acquisitions and sales to stay nimble in the changing marketplace and is gaining ground around the world.
TSNN sat down with Popolo at EFI Connect, a conference for digital imaging and printing that took place last month in Las Vegas, where he shared his thoughts on growing a family company to a $3 billion business, the role of new technologies and overall market trends.
Freeman recently sold Encore Event Technologies to PSAV. What’s the… more
Feb 05, 2019
Full-service sourcing, housing and event management company Connections Housing has acquired Par Avion, a full-service convention housing and travel company based in Lawndale, Calif.
Both Connections Housing and Par Avion are women-owned business and are respected leaders in housing and travel services with mutual emphasis on executing superior and seamless events.
The announcement comes from company executives Nancy Hallberg and Kris Sieradzki, Connections Housing, and Toby Brenner, Par Avion.
“Both companies have been in business for 30-plus years with the paramount goal of… more
Feb 01, 2019
Nominations are open for five available positions on the ASAE and ASAE Foundation Board of Directors. The organization is seeking diverse leadership as defined by race, ethnicity, gender, religion, age, sexual orientation, nationality, disability, appearance, geographic location and professional level.
The board positions include secretary-treasurer and four at-large directors, with all directors serving on the ASAE Board and two of the four selected also serving on the ASAE Foundation Board.
“Participation as a member of the ASAE Board is not only valuable for your professional growth, but… more
Jan 31, 2019
It’s late; you’ve skipped dinner, again; and the hotel mini bar beckons. What will it be: overpriced potato chips, M&Ms, or maybe both? With a little advance planning, you could have prevented the strike of nighttime hunger — and perhaps a multitude of health issues down the road.
While more research is needed on humans to determine whether calories eaten are night are more likely to cause weight gain than the same number of calories consumed during the day (as one study conducted on mice by Northwestern University suggested), there’s no question that making poor eating choices at night… more
Jan 31, 2019
In an effort to shed a light on “conscious fashion,” WWDMAGIC will partner with animal rights organization PeTA and animal-friendly outerwear brand Coalition LA at the fashion trade show’s upcoming winter marketplace, set for Feb. 5-7 at Las Vegas Convention Center.
The PeTA x Coalition LA-branded partnership will be featured in events throughout the event to bring awareness about the cruelty-free options available to the fashion community, according to Kelly Helfman, president of WWDMAGIC.
“WWDMAGIC is a very commercial, high-profile fashion event in the B2B industry, and we have brands of… more
Jan 29, 2019
To say that last year was a monumental one for Informa Exhibitions, which is led by CEO Charlie McCurdy, would be quite an understatement.
2018 marked the largest mergers and acquisitions deal in history, with Informa buying fellow U.K.-based exhibition company, UBM, for a whopping $5.2 billion.
Now that the deal has been closed for several months, TSNN sat down with McCurdy to talk through what’s next and some overall exhibition market trends.
The Informa/UBM deal was completed in June, and McCurdy said there was an accelerated plan put in place immediately to integrate the two… more
Partner Voices
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.