Blackstone begins sale of Clarion Events
Tuesday 10 de June 2025 / 12:00
2 minutos de lectura
(Sofia).- Blackstone has begun selling Clarion Events, according to four people familiar with the matter, in what could mark a return to big M&A activity after a period of market volatility that has slowed dealmaking in recent weeks.

Blackstone bought Clarion in 2017 for 600 million pounds ($802 million). The company organizes international trade shows in sectors such as gaming, electronics, energy and defense, and has received Blackstone’s support during the COVID-19 crisis as it has seen a sharp drop in revenue.
Earlier this month, Blackstone sent out sales materials that have attracted interest from several investment firms, including CVC, KKR, PAI Partners and Ardian, the sources said. Hillhouse Investment, an Asia-based private equity firm, is also said to be interested in Clarion because of its presence in China’s trade show market through Global Sources.
The company is valued at around £2bn, about 12 times its EBITDA, one source said. Reuters reported last year that Blackstone had already begun considering strategic options for Clarion.
Representatives for Blackstone, Clarion and interested parties declined to comment or did not respond to requests for comment.
If the deal goes through, it would be one of the largest private equity deals since global dealmaking fell to a two-decade low, largely due to uncertainty over former US President Donald Trump’s tariff policies.
Blackstone is said to be waiting for more stable economic conditions and greater clarity on tariffs before launching the sale process. Clarion, in its first-half financial report for the 2024-2025 fiscal year, focused on controlling costs and optimizing cash flow, and its liquidity was above expectations.
However, the sources noted that the sale was not yet guaranteed. The recent improvement in investor sentiment – following a temporary reduction in tariffs between the US and China – has helped boost stock markets in Europe and the US.
Clarion, known for events such as the London International Horse Show, has reported strong revenue growth – £432.9m in the 12 months to January 2024, up from £257m a year earlier, thanks to recovery in markets such as China and Hong Kong.
Categoría:Gaming
Tags: Sin tags
País: Bulgaria
Región: EMEA
Event
Peru Gaming Show 2025
18 de June 2025
Successful closing of Peru Gaming Show 2025
(Lima, SoloAzar Exclusive).- With a great attendance and an agenda full of innovation, the 2025 edition of Peru Gaming Show (PGS), one of the most relevant events of the gaming industry in Latin America, came to a successful conclusion.
Friday 20 Jun 2025 / 12:00
PGS 2025: The Future of Gaming in Latin America is Discussed Today in Lima
(Lima, SoloAzar Exclusive).- The second day of Peru Gaming Show 2025 is packed with innovation, networking, and strategic analysis. With 87 exhibitors, keynote addresses, and business opportunities, today's discussion focuses on challenges in marketing, regulation, and the evolution of online gaming. Learn more in this article.
Thursday 19 Jun 2025 / 12:00
PGS 2025: The Largest Games of Chance Event in Latin America Starts Today, Bringing Together the Industry in Lima
(Lima, SoloAzar Exclusive).- Peru Gaming Show, the largest international gaming show in Latin America with 22 years of experience, begins a new edition today at the Jockey Exhibition Center. PGS covers topics of interest to the industry and will bring together more than 8,000 visitors from around the world to learn about the latest developments and interact with industry executives. Learn more in this article.
Wednesday 18 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.