Clarion Events has acquired renewable energy event organizer Information Forecast (Infocast). Infocast’s activities will form part of Clarion Energy’s portfolio, which has grown significantly over the past few years.
Clarion’s portfolio includes trade shows such as Distributech International as well as regional development-focused events GridTech Connect, Powergen International, Enlit Europe, Enlit Asia and the African Energy Forum.
Some of Infocast’s events include South East Renewables, Mountain West Renewables, Ercot Market Summit and the Solar + Wind Finance and Investment Summit.
Clarion Events North America is the American branch of UK-based Clarion Events. It is backed by Blackstone Group. There are 2,000 employees in 12 countries.
The acquisition is one of a string of recent acquisitions in the events industry. Does Clarion have plans to acquire other organizations? Liz Irving, president of Clarion Events North America, said: “We recognize that today’s evolving market has opened the door to strategic acquisitions and mergers, and our focus is on how to complement our existing product portfolio and expand our presence in industries and geographies. Influence.
This acquisition follows the recent launch of The Clarion Collaborative: Elevating Association Events. The partnership focuses on helping associations develop event strategy and management.
It is also one of a series of recent acquisitions in the industry. Just this week, Hyve Group announced it will acquire HLH, a UK-based global events company for international health innovators.
Last week, Los Angeles-based private equity firm Truelink Capital acquired global exhibition and logistics services company GES Exhibitions.
