Clarion Capital Acquires Marketplace Events
Clarion Capital Partners, founded in 1999 and based in New York, focuses on lower mid-market investments. The firm has acquired Marketplace Events, a leading organizer of business-to-consumer shows across the US and Canada, running over 110 events in 54 markets. While financial details of the transaction were not disclosed, Clarion’s president, David Ragins, expressed excitement about the investment due to Marketplace’s market leadership, employee value, and strong workplace culture. BrightTower acted as the exclusive financial advisor for Marketplace Events, while Brownstein Hyatt Farber Schreck, LLP represented Clarion and PennantPark provided financing.