Emerald Expositions Events acquired Generis Group for $60 million, expanding its presence in executive-level experiences across the US and Europe. The acquisition is expected to drive sustained growth and deepen executive relationships. Emerald's stock is currently a Buy with a $8.00 price target. The company shows signs of recovery with strong earnings growth and improved financial stability.
Emerald Holding, Inc. (NYSE: EEX), a leading U.S.-based B2B event organizer, has announced the acquisition of Generis Group, a Toronto-based company specializing in B2B executive summits. The acquisition, valued at $60 million, aims to enhance Emerald's portfolio and expand its presence in delivering executive-level experiences across the U.S. and Europe [1].
Hervé Sedky, CEO and President of Emerald, stated, "This acquisition is a strategic step in expanding Emerald’s presence in delivering proven, executive-level experiences across the U.S. and Europe." The acquisition will add Generis’ insight-led, one-to-one meeting formats to Emerald's existing portfolio, known for delivering exceptional customer satisfaction and measurable business impact [2].
Generis Group, founded in 2014, has established itself as a leader in high-impact, peer-to-peer executive summits. The company hosts eleven annual events across the U.S. and six in Europe, engaging senior leaders across key verticals. Generis’ curated events feature expert-led panels, curated content, and a proprietary one-to-one matchmaking platform that drives alignment and measurable outcomes [2].
The acquisition is expected to drive sustained growth and deepen executive relationships. Emerald will now host more than 50 executive summits annually, underscoring the strength, scale, and value of its offering. Francesco Scalzo, CEO of Generis, expressed pride in Generis' achievements and anticipation for the future under Emerald’s guidance [2].
Emerald Holding, Inc. is known for its commitment to fostering impactful engagement and delivering unparalleled market access. The company's stock is currently a Buy with a $8.00 price target, reflecting strong earnings growth and improved financial stability [1].
References:
[1] https://seekingalpha.com/news/4483842-emerald-acquires-generis-group
[2] https://www.citybiz.co/article/730488/emerald-acquires-generis-group/
Comments
No comments yet