Hyve makes major foray into healthcare with HLTH acquisition
Hyve Group has marked its entry into the global healthcare sector with the purchase of platform HLTH.
The deal includes the acquisition of HLTH USA, ViVE and HLTH Europe as well as HLTH’s year-round membership community. Read all about it below.
Here are the top headlines for your weekly event news updates:
- Hyve makes major foray into healthcare with HLTH acquisition
- UFI unveils brand refresh as it approaches centennial
- Excel London expands ADNEC’s London venue portfolio with new acquisition
- Clarion acquires Infocast to strengthen energy portfolio
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Hyve makes major foray into healthcare with HLTH acquisition
Hyve Group has entered the $12 trillion global healthcare sector with a major acquisition.
The purchase of innovation platform HLTH includes three major events along with its year-round membership community.
HLTH maintains a strategic partnership with the College of Healthcare Information Management Executives for the ViVE event, which focuses on healthcare technology.
Mark Shashoua, Hyve CEO, said: “HLTH has long been admired by all of us at Hyve. It’s an incredible brand with an established reputation and this is thanks to its commitment to shaping the future of healthcare.
“HLTH’s dedication to driving positive change within healthcare strongly aligns with our own purpose of creating game-changing impact for the industries we support.
“By applying Hyve’s tried and tested centralised best practice model, and using our expertise in scaling meetings programmes, we can support the continued creation of return on investment for HLTH customers.”
HLTH USA will become Hyve’s largest event by revenue. The company’s client base includes technology and healthcare leaders such as Johnson & Johnson, Google, Microsoft and Meta.
The deal adds more than 80 employees across offices in New York, London and Dublin. HLTH founder and CEO Jon Weiner will continue to lead the organization.
Jonathan Weiner, founder and CEO of HLTH, said: “In Hyve, we have found an ideal partner to elevate our vision and unlock even greater opportunities for our community.
“We are incredibly proud that HLTH has become a catalyst for positive change, championing equitable, affordable, and accessible health for all.
“With Hyve’s expertise, centralised best practices, and commitment to innovation, we will enhance the experiences we deliver and reach an even broader audience of healthcare professionals and innovators.
“Hyve shares our vision and is deeply committed to our long-term success. I’m excited about the future of our events as we scale and ultimately play an even more significant role in advancing healthcare globally.”
UFI unveils brand refresh as it approaches centennial
UFI has unveiled a new brand identity as it nears its 100th anniversary.
The revamp features a wing symbol derived from the helmet of Hermes – the Greek god of trade – replacing the organization’s previous logo that depicted an abstract head of Hermes used since 2003.
🆕 Introducing the new UFI logo—a symbol that bridges our heritage and our future ✨
🔗 Discover the story behind our refreshed brand: https://t.co/CK2lDLEJiM#ufi #newufi #evolution #heritage #legacy #eventprofs pic.twitter.com/e8sI32EUCu
— UFI (@UFILive) October 30, 2024
Geoff Dickinson, UFI president, said: “Our industry has changed a lot since the beginning of this century, and UFI has changed with that.
“As the relevant global organisation for our sector, the new logo and appearance showcase how much UFI has grown and matured.
“We have a different role, a bigger responsibility now, and UFI’s new identity reflects this. It suits our organisation well.”
The wing design incorporates four strands representing UFI’s core functions: events, research, education and advocacy.
The green color scheme symbolizes the exhibition industry’s sustainable impact on business and society.
The organization will implement the new branding across its platforms ahead of the UFI Global Congress in Cologne, Germany, from November 20-23, 2024.
ExpoPlatform has been announced as the official speed matchmaking partner for UFI Global Congress. Find out more here.
UFI, founded in 1925, adopted its first logo in 1947 following World War II. It serves as the global association for the exhibition industry.
CEO Kai Hattendorf added: “It is a testament to the great work done almost 25 years ago that the previous UFI appearance stood the test of time for this long and could be stretched far into this much more digital presence.
“But on the eve of UFI’s 100th birthday, it was time to re-think and reimagine what UFI looks like to ensure future success in an ever more digital environment.”
Excel London expands ADNEC’s London venue portfolio with new acquisition
Excel London has taken over a new venue, expanding ADNEC Group’s presence in the UK events industry.
Business Design Centre (BDC) has been acquired by the subsidiary of the Abu Dhabi company, becoming its third premises in the nation’s capital.
The historic North London venue originally opened as the Royal Agricultural Hall in 1862 and now hosts more than 130 events annually, attracting over 900,000 visitors.
Breaking news: @TheBDC has been acquired by @ExCeLLondon
Read the full story: https://t.co/eXZp94tAd1 pic.twitter.com/8jw3oJ7mle
— Business Design Centre (@TheBDC) October 30, 2024
Jeremy Rees, CEO of Excel, said: “Since acquiring Excel more than 15 years ago, ADNEC has demonstrated unwavering support for London’s event and business tourism industry.
“The acquisition of the prestigious BDC further underscores this commitment.
“We look forward to integrating BDC into the ADNEC ecosystem and will continue to invest significantly to ensure both Excel and BDC offer the highest-quality platforms for the events industry, reinforcing London’s status as a leading global events destination.”
BDC is a Grade II listed property which spans 4.5 acres and includes 6,000 square meters of event space.
The acquisition adds a third London property to ADNEC’s portfolio, while the deal also includes ownership of the Hilton Hotel land in Islington.
BDC, the current Exhibition News Venue of the Year, is home to established events including the London Art Fair and Surface Design Show.
The venue also features 12,500 square meters of showroom and office space.
Excel London, acquired by ADNEC in 2008, recently completed an expansion making it Europe’s largest integrated conference venue with 125,000 square meters of space.
Financial terms of the acquisition were not disclosed.
Clarion acquires Infocast to strengthen energy portfolio
Clarion Events has acquired Information Forecast, strengthening its position in the renewable energy events sector.
The takeover adds Infocast’s renewable energy conferences to Clarion Events Energy’s portfolio – which includes DISTRIBUTECH International, POWERGEN International and the Enlit series of events across Europe and Asia.
Liz Irving, president of Clarion Events North America, said: “The acquisition of Infocast is a substantial move which strategically aligns both businesses’ strengths and cultures while fortifying our market presence.
“By combining our resources and expertise, we are poised to unlock significant growth opportunities and deliver unparalleled value to our customers and the industries we serve.”
Cindy Kim, president of Infocast, added: “We are excited to join the Clarion Events North America portfolio.
“Their dedication to the customers and industries they serve, alongside their culture of customer centricity and innovation, align with our business focus.
“We look forward to the opportunities this acquisition will bring.”
Infocast has for the past 30 years organized conferences focused on deal-making in the renewable energy sector across the United States. The company specializes in events that connect senior executives and industry leaders.
Desiree Hanson, Clarion Events North America Chief Commercial Officer, will oversee the integration of Infocast into Clarion’s existing energy portfolio.
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