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Cvent To Be Acquired By Blackstone in $4.6 Billion Transaction

Cvent | March 14, 2023

Purchase Price of $8.50 Per Share Represents a 52% Premium Over 90-day VWAP of Unaffected Share Price Tysons, Va. – March 14, 2023 – Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone (“Blackstone”) in a transaction valued at an enterprise value of approximately $4.6 billion. Under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52 percent to the volume weigh...

San Diego Claims Top Event Market and Technology Leads as Industry Driver in February

Knowland | March 8, 2023

Data reveals the return of meetings and events in the technology segment, and smaller markets are realizing the most significant percentage of growth ARLINGTON, Va. — March 8, 2023 — Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced today that the San Diego market led the U.S. meetings and events industry by volume for February. Second place went to Chicago, with Dallas in third. The leading industry driver for meetings was Technology and Healthcare across four of the top five markets. This data is a subset of Knowland’s pipeline generation platform designed t...

iVvy and ALHI Partner to Make Ivvy’s Disruptive Sales, Catering and Event Management Platform Available to Luxury Hotels Around the World

iVvy | March 16, 2021

Disrupting Legacy Solutions to help hotels manage sales, catering and events NEW YORK March 16, 2021 – iVvy, a disruptor in online meeting technology, is partnering with Associated Luxury Hotels International (ALHI) to help its elite member hotels capture more business and streamline event operations. As hotels prepare for the return of meetings and event business, ALHI members can access IVvy’s cloud-based event management platform to facilitate real time bookings, drive sales and maximize yield. "Our partnership with iVvy allows us to offer a full scope of services and tools that are customizable and fit the independent spirit of...

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