Townsquare Media Acquires MAC Events Portfolio
December 10, 2013
MAC Events, a consumer and trade show producer with shows in New Jersey, Virginia and Pennsylvania, has been acquired by Greenwich, Ct.-based Townsquare Media.
“To partner with a company that shares our vision, and who operate the premier media assets in our home market is the perfect way for MAC Events to thrive for the next 40 years,” said Kevin McLaughlin, a partner at MAC Events.
He added, “I am excited about the future as the combination of Townsquare and MAC Events will strengthen both our offering for exhibitors and attendees.”
McLaughlin has joined Townsquare and will continue to operate the business on a day-to-day basis. Similarly, the entire sales team from MAC Events has joined Townsquare and will continue to book and produce the events.
Its current slate of consumer shows includes the Garden State Home Show, Jersey Shore Home Show, Ocean County Home Show, South Jersey Home Show, New Jersey Flower & Garden Show, New Jersey Women’s Expo and the MAC Events Home and Garden Show (in Richmond, Va.).
In addition, MAC also owns and produces the NJ Plants – Professional Landscape & Nursery Trade Show in association with The New Jersey Nursery and Landscaping Association and the Penn Atlantic Nursery Trade Show (PANTS) in association with the Pennsylvania Landscape & Nursery Association.
“We are excited to integrate MAC Events into our solutions for local and regional business owners who are searching for new ways to spend quality time with their customers and, as importantly, their prospects,” said Dhruv Prasad, executive vice president, Live Events for Townsquare.
He added, “MAC Events creates an inviting environment where thousands of attendees come to see new products, learn new techniques and research local service providers. And for decades, over 1,500 small and mid-sized local businesses have relied on MAC Events to help grow their business.”
MAC Events will maintain its current branding.
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.
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