Los Angeles-based private equity firm Truelink Capital has completed its previously announced acquisition of global exhibition and events management firm GES in a carve-out deal from Viad Corp valued at $535m.
Following the acquisition, the sixth transaction for Truelink Capital, Derek Linde will remain at the helm of GES as its President and CEO.
In a press statement, Luke Myers, Co-Founder and Managing Partner of Truelink, said: “Truelink is excited to collaborate with Derek and his leadership team to enhance GES’ position as an industry leader and strengthen the company’s heritage of success.”
GES, which employs over 2600 people has a track record of supporting businesses in robust verticals including healthcare, aerospace & defense, financial services, manufacturing, technology, and retail, in a variety of exhibitions, event and experiential marketing capacities.
