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NEW YORK - Emerald Holding, Inc. (NYSE:EEX), a profitable B2B events company with annual revenue of $432.6 million and healthy 10% year-over-year growth, has acquired Toronto-based Generis Group, a B2B executive summit organizer, the company announced Tuesday.
The acquisition gives Emerald full ownership of Generis, which specializes in executive-level summits featuring one-to-one meeting formats across the U.S. and Europe. With this addition, Emerald will now host more than 50 executive summits annually. According to InvestingPro data, the company maintains a strong financial health rating of GOOD, with analysts expecting continued net income growth.
Founded in 2014 by Francesco Scalzo, Jason Cheddie, and Nadim Allidina, Generis currently operates 17 annual events - eleven in the U.S. and six in Europe. The company focuses on connecting senior leaders in sectors including supply chain, manufacturing, packaging, digital transformation, and life sciences.
"This acquisition is a strategic step in expanding Emerald’s presence in delivering proven, executive-level experiences across the U.S. and Europe," said Hervé Sedky, CEO and President of Emerald.
Generis has built its business model around personalized engagement and targeted content for senior executives, using a proprietary matchmaking platform to facilitate business connections.
"We believe Emerald’s expertise will empower Generis to scale our impact even more rapidly and reach new heights," said Francesco Scalzo, CEO of Generis.
The financial terms of the transaction were not disclosed in the press release statement.
Emerald Holding is the largest U.S.-based B2B event organizer, operating a portfolio that includes trade shows, conferences, and B2C showcases. With a market capitalization of approximately $919 million, the company’s stock currently trades at $4.64, with analysts setting price targets between $7.80 and $8.00. For deeper insights into Emerald Holding’s growth potential, InvestingPro subscribers can access comprehensive financial analysis and additional ProTips.
In other recent news, Emerald Holdings reported its second-quarter 2025 earnings, which showed a mixed performance. The company disclosed an earnings per share (EPS) of -$0.01, falling short of the expected $0.01, resulting in a negative surprise of 200%. However, Emerald Holdings exceeded revenue expectations by reporting $105.5 million, surpassing the anticipated $100.2 million by 5.29%. This revenue growth appears to have bolstered investor confidence despite the EPS miss. Analysts from various firms have been closely monitoring these developments, although no specific upgrades or downgrades were reported in connection with this earnings release. These recent developments are crucial for investors evaluating Emerald Holdings’ financial health and market position.
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