EasyFairs taps into capital markets

Brussels, 31st May: Last week, EasyFairs announced that it has inked a deal with two private equity firms, Cobepa and Inflexion. Founder, Eric Everard sold his majority stake and re-invested some of the proceeds. Each of the three will own an equal share of the business. The deal reportedly values EasyFairs at in excess of €600 million (US$649 million).

EasyFairs was founded 20 years ago by Eric Everard and it has grown into one of the world’s largest independent exhibition organisers. The group is going to use the capital to expand more quickly into new geographies and sectors through geo-cloning and acquisitions.