{"id":9159,"date":"2025-05-24T01:55:02","date_gmt":"2025-05-24T01:55:02","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/24\/blackstone-considers-clarion-sale-worth-2-billion\/"},"modified":"2025-05-24T01:55:02","modified_gmt":"2025-05-24T01:55:02","slug":"blackstone-considers-clarion-sale-worth-2-billion","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/24\/blackstone-considers-clarion-sale-worth-2-billion\/","title":{"rendered":"Blackstone Considers Clarion Sale Worth \u00a32 Billion"},"content":{"rendered":"<div>\n<p>Blackstone is exploring the possibility of selling Clarion Events, a global event organizer known for ICE and iGB L!VE expos. The potential deal could be worth up to \u00a32 billion ($2.7 billion), according to sources familiar with the discussions.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Blackstone acquired Clarion in 2017 for \u00a3600 million ($809.79 million).<\/strong><\/em><\/li>\n<li><em><strong>Clarion\u2019s revenue rose to \u00a3432.9 million ($584.26 million) by January 2024.<\/strong><\/em><\/li>\n<li><em><strong>Clarion oversees more than 125 global events, including gaming, defense, and design.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Clarion Events has bounced back after the pandemic, with strong revenue growth and a broad portfolio of expos. The company\u2019s recent moves \u2014 including the relocation of ICE to Barcelona and iGB L!VE\u2019s shift to London \u2014 signal a fresh strategy aimed at expanding audience reach and exhibitor participation.<\/p>\n<p>The gaming division has played a central role in this recovery. The ICE event\u2019s new venue in Barcelona offers more space, while iGB L!VE aims to grow to 30,000 visitors and 550 exhibitors by 2028.<\/p>\n<h2>Private equity firms start reviewing the deal<\/h2>\n<p>Blackstone has started sharing documents with potential buyers. Hillhouse Investment, which operates Global Sources events in China, is said to have shown early interest. Other private equity groups like KKR, CVC, Ardian, and PAI Partners are reportedly evaluating the opportunity as well.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The estimated deal value is based on around 12 times Clarion\u2019s EBITDA, though the transaction is not guaranteed to happen. If it does, it would be one of the biggest private equity exits in recent months.<\/p>\n<h2>Improved performance fuels potential sale<\/h2>\n<p>Clarion\u2019s financial results, driven by the return of events in Asia and tighter cost control, have strengthened its market position. Revenue jumped from \u00a3257 million ($346.86 million) to \u00a3432.9 million ($584.26 million) in just one year, mainly due to renewed activity in China and Hong Kong.<\/p>\n<p>Investor confidence also seems to be recovering after the easing of U.S.-China trade tensions. Blackstone, which previously paused any move to sell, now appears ready to proceed.<\/p>\n<p>Alongside gaming, Clarion organizes events in industries like home design, consumer electronics, and defense. It also runs the London International Horse Show.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/blackstone-considers-clarion-sale-worth-2-billion\/\">Blackstone Considers Clarion Sale Worth \u00a32 Billion<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Blackstone is exploring the possibility of selling Clarion Events, a global event organizer known for ICE and iGB L!VE expos. The potential deal could be worth up to \u00a32 billion ($2.7 billion), according to sources familiar with the discussions. Good to know Blackstone acquired Clarion in 2017 for \u00a3600 million ($809.79 million). Clarion\u2019s revenue rose [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9159","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9159"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9159\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}