GL events China signs investment deal with private equity firm

China, 4th March: GL events Group and Nexus Point Capital, a China-focused private equity fund, announced that the companies have closed a strategic investment and partnership agreement, collectively investing RMB 2 billion (US$307 million) of capital in GL events Group’s China operating company, GL events China.

Under the terms of the agreement, the two parties will leverage their respective resources and core strengths to collaborate in key areas to support GL events China’s growth and expansion.