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New Deal


Announced

Completed

Hyve Group to acquire Shoptalk Commerce and Groceryshop for $145m.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.1x
EV/EBITDA11.99x
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Private

Single Bidder

United States

e-commerce event

event organization

E-commerce

Acquisition

Completed

Cross Border

Synopsis

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Hyve Group, the global events business, agreed to acquire Shoptalk Commerce and Groceryshop, two US-based events focused on e-commerce broadly as well as the food and grocery segments specifically, for $145m. "I am very pleased to announce the acquisition of two truly market-leading events, Shoptalk and Groceryshop. This acquisition continues our evolution into a best in class portfolio of market-leading events. We see multiple areas of growth from these events, including future geo-clone opportunities and leveraging their best of breed hosted buyer strategy, using their bespoke software on selected Hyve events," Mark Shashoua, Hyve CEO.

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