Northstar Travel Group has introduced an settlement to accumulate Centaur Media Journey and Conferences (CTM) from its mother or father firm, Centaur Media, with phrases of the deal undisclosed. Northstar is the mother or father firm of PhocusWire.
The transaction, which is anticipated to be accomplished on the finish of April, sees the whole CTM group, together with group occasion director David Chapple, be part of Northstar.
Northstar Journey Group’s chairman and CEO Tom Kemp says:
“The addition of Centaur’s Journey & Conferences exhibitions to our world portfolio of 80 occasions in 13 international locations matches completely with our technique to increase our occasion phase with the U.Okay.’s main portfolio of journey reveals.
“The acquisition additionally supplies Northstar with a platform in London to increase our portfolio of journey data and advertising and marketing companies properties within the U.Okay. and Europe.”
Northstar president Bob Sullivan provides:
“The CTM portfolio is a perfect strategic fit with Northstar’s core information and marketing services brands serving these B2B travel segments.”
“We will be able to leverage our content, our databases and our industry relationships to expand and grow these events.”
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Northstar Journey is a supplier of B2B data and advertising and marketing options throughout all segments of the journey business together with leisure/retail, company/enterprise journey, enterprise and sports activities conferences, incentives, hospitality and journey expertise.
Along with PhocusWire, Northstar owns manufacturers together with Journey Weekly, Enterprise Journey Information, Phocuswright and Internet in Journey.
Northstar Journey is owned by funds managed by EagleTree Capital.