Cvent completed the acquisition of Reposite.

Cvent, a meetings, events, and hospitality technology provider, completed the acquisition of Reposite, an AI-powered online vendor and supplier sourcing platform. Financial terms were not disclosed. "Alexa and Heather have built an impressive vendor sourcing solution in a very short amount of time, and we’re excited to bring their talented team and innovative technology to Cvent. Reposite is a perfect complement to our own hotel and venue sourcing platform and aligns seamlessly with our vision of creating a global marketplace where the meetings and events ecosystem can come together to deliver exceptional experiences," Reggie Aggarwal, Cvent CEO and Founder.