Shamrock Capital Announces Completion of Questex Sale Transaction
Shamrock has Sold Questex, a Leading Events & Business Information Services Provider, to MidOcean Partners
LOS ANGELES – September 12, 2018 – Shamrock Capital, a Los Angeles-based investment firm focused on the media, entertainment and communications sector, today announced the completion of the sale of Questex Intermediate Holdings, Inc. (“Questex”) to an entity affiliated with MidOcean Partners. Financial terms of the transaction were not disclosed.
“It has been a pleasure working with the Questex leadership team over the past several years during the company’s evolution into a leading global business events company,” said Will Wynperle, Partner at Shamrock Capital. “Shamrock believes that the company will continue to grow and prosper under MidOcean’s ownership.”
Kerry C. Gumas, President & CEO of Questex, added, “Over the past several years, we have driven strong growth in our events portfolio, which has been a key driver in the company’s successful exit.”
Jefferies LLC served as financial advisor and Kirkland & Ellis LLP as legal advisor to Questex on the transaction.
Questex is a leading global business information and events company serving corporate clients and industries that are driving economic growth and business innovation around the world.
The company drives business investment, innovation and demand creation in the markets it serves by bringing together investors, buyers, sellers and professionals through its over 125 tradeshows, conferences, and hosted buyer events. Questex complementary digital media and data assets enable the company to engage with key decision makers in its core markets year round.