M&A Deal Summary

Maritz Travel Acquires Experient

On April 3, 2012, Maritz Travel acquired business services company Experient from Riverside

Acquisition Highlights
  • This is Maritz Travel’s 1st transaction in the Business Services sector.
  • This is Maritz Travel’s 1st transaction in the United States.
  • This is Maritz Travel’s 1st transaction in Colorado.

M&A Deal Summary

Date 2012-04-03
Target Experient
Sector Business Services
Buyer(s) Maritz Travel
Sellers(s) Riverside
Deal Type Add-on Acquisition

Target

Experient

Denver, Colorado, United States
Experient, with annual hotel bookings of over $200 million, is the leading independent meeting-planning company in North America. Its service bundle includes site selection, hotel contract negotiation, meeting planning, on-site meeting coordination, bill review, and housing and registration services for large meetings, conferences and trade shows.

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Buyer(S) 1

Buyer

Maritz Travel

Fenton, Missouri, United States

Category Company
Sector Leisure
DESCRIPTION

Maritz Travel Company, a Missouri-based provider of full-service meeting, event and incentive travel programs to corporate clients.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Riverside

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 59 of 207
Sector: Business Services M&A 6 of 17
Type: Add-on Acquisition M&A Deals 22 of 86
State: Colorado M&A 1 of 5
Country: United States M&A 43 of 146
Year: 2012 M&A 3 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-03 Shinsouki Co.

Niigata City, Japan

Shinsouki is the operator of parking lots in Niigata City, Japan. Combining knowledge of the area and close relations with landowners, Shinsouki operates more than 3,000 parking spaces in the Niigata prefecture.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-23 GreenLine Foods

Perrysburg, Ohio, United States

GreenLine Foods is the largest provider of fresh-trimmed, microwaveable packaged green beans in North America and manages the process from planting hybrid seeds through on-time delivery to customers.

Sell -