Hilliard Lyons Investment Banking advised ST Media Group International (“ST Media”) and Hospitality Media Group (“HMG”) on the sale of Boutique Design New York (“BDNY”), the leading trade fair and conference for hospitality design professionals, serving the Eastern United States, Canada, and Europe. In addition to BDNY, Emerald Expositions (NYSE:EEX) acquired the BDwest and HX:The Hotel Experience trade shows, the Hospitality Match, Senior Lifestyle Design Match, and Forum Series events, and Boutique Design, the partner magazine to BDNY.
Presented annually in November at New York City’s Javits Center, BDNY showcases high-end, unique, innovative design products for the hospitality industry. The two-day show brings more than 8,000 interior designers, architects, purchasing agents, hospitality property owners, and developers together with over 750 manufacturers and marketers of exceptional design elements for hospitality interiors. Members of the ST Media and HMG teams will join Emerald, including Michelle Finn, formerly President of HMG and Senior Vice President of ST Media.
“Emerald is the natural and logical home for BDNY and the other assets that we are selling,” said Tedd Swormstedt, ST Media’s President. “I am confident that the resources, scale, industry knowledge, and strong team at Emerald will help secure their future growth and continued relevance in the hospitality market.”
About Hilliard Lyons Investment Banking:
Hilliard Lyons Investment Banking’s focus advises lower-middle-market and emerging growth companies in mergers & acquisitions, capital raising, and business valuation. For details, see www.hlinvestmentbanking.com