Emerald Expositions files with SEC to raise $250 million
May 15, 2017,
San Juan Capistrano, Calif. — Emerald Expositions has filed to go public, just a couple of months after rumors circulated that the company had put itself up for sale for an estimated $2 billion. According to a published report, on March 31, the company filed with the U.S. Securities Exchange Commission (SEC) to raise an estimated $250 million in an initial public offering.
“We are pleased that our company has filed a registration statement, but as in all IPOs, we can’t discuss any details,” said Justin Gottlieb, corporate communications director at Emerald Expositions. Emerald Expositions offered no further comment.
The company’s history dates back to June 2013, when private equity firm Onex bought Nielsen Expositions— which was renamed Emerald Expositions—for $950 million. Afterward, Emerald Expositions began expanding its portfolio, rapidly growing with a major buy of George Little Management for $335 million, in December 2013. Emerald now operates more than 50 trade shows, including 30 of the top 250 trade shows in the country as ranked by TSNN, as well as numerous other events.
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