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TORONTO, CANADA: Onex Corporation has completed the acquisition of Nielsen Expositions from its parent, an affiliate of Nielsen Holdings NV, for $950 million in cash consideration. Onex Partners made an equity investment of approximately $350 million, of which Onex’ share was $85 million as a Limited Partner in the Fund. Concurrent with the closing of the acquisition, the company was renamed Emerald Expositions Inc.
“Onex’ acquisition of our business has given us a partner that will help Emerald pursue new growth opportunities while continuing to deliver exceptional value to our exhibitors and attendees,” said David Loechner, Chief Executive Officer, Emerald Expositions.
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