IMC acquires Shoppe object Shoppe Object , a US design-focused home and lifestyle tradeshow and its Shoppe Online B2B e-commerce platform , have been acquired by International Market Centers ( IMC ). The show is held twice a year in New York and has grown five-fold since its launch in 2018 . IMC , who were backed by Bain Capital and Oaktree when they launched their business in 2011 has acquired and developed several showrooms in Las Vegas and High Point and Atlanta for the promotion of the home furnishings , gift and home décor sectors . This gives Shoppe Object a natural springboard for further growth .
However this quickly changed following the success of the first event and the company has grown through regional launches , new sectors ( outdoor , cycling and snow ), geographical expansion ( Run Shows in the USA ) and the start of an omnichannel business with Run Show TV and the Outside and Active digital platform . All events are B2C but using a B2B revenue model .
They very recently launched the National Equine show and , just in case we thought they might pause for breath , this has been followed by the announcement of their first acquisition – the Snowbound festivals - acquired from Snowsports Industries America ( SIA ), a not for profit member-owned association for the USA winter outdoor industry . As part of the deal , Raccoon and SIA have formed a long-term partnership with a commitment to launch multiple new Snowbound events across the USA . Crucially , the move has been supported by some of the biggest brands in the snow sports industry and is one of the first examples of a direct to consumer model for the exhibition sector .
MAG acquire Regen Mark Allen Group ( MAG ) has acquired the Regen exhibition and conference from Eton Events . It ’ s very small but includes several interesting sectors under its regeneration banner – such as construction , urban planning , civil engineering and renewable energy . Over the last 10 years , MAG has acquired more than 20 businesses – a combination of non-core assets from some of the larger organisers as well as single publications and exhibition / conferences such as Regen .
Arts Events Singapore sell stake Arts Events Singapore , a company founded by Montgomery ’ s Sandy Angus and Single Market Event ’ s Tim Etchells have sold a 15 % stake in the company to MCH , organiser of the Art Basel series of events . Arts Events Singapore was formed for the launch of Singapore Art Fair and MCH was originally an investor but pulled out in 2018 shortly after the announcement of the launch but have now come back in as a shareholder . The show has been hijacked by Covid-19 and hasn ’ t actually run its first edition yet which is now scheduled for January 2023 . Angus and Etchells launched the Hong Kong International Art Fair in 2008 and subsequently sold it to MCH in 2011 .
Olympia management Finishing off this month with some venue news , Olympia London , owned by Yoo Capital and Deutsche Finance International , has a new management company . ASM Global formed by the merger of SMG and AEG facilities to create the world ’ s largest venue management company has been appointed to run operations at Olympia . The Olympia management team and staff will move to ASM and Nigel Nathan , currently managing director will become chairman . EN
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