US hospitality company acquires etc.venues

Believing that meeting spaces are the workplace of the future, Convene’s recent acquisition adds 16 new venues to its portfolio.

With the addition of etc.venues, Convene now has a network of 38 meetings, events, and flexible office locations.
With the addition of etc.venues, Convene now has a network of 38 meetings, events, and flexible office locations. Photo Credit: etc.venues

Convene, a hospitality company that designs and manages meeting venues, has acquired UK-based venue portfolio etc.venues.

The acquisition adds 16 new venues to the Convene portfolio.

“The London and New York City markets continue to rebound at a tremendous pace post-Covid with demand for outsourced premium meeting and event solutions accelerating from clients and landlords alike,” said Ryan Simonetti, CEO and co-founder of Convene.

“The talented team at etc.venues, led by Alastair Stewart and Nick Hoare, has built an incredible business across the UK and New York for over 30 years; the acquisition of an organisation with such an unwavering commitment to delivering high-quality meeting and event experiences allows Convene to expand our ability to serve our clients in more places and exciting new ways.”

The addition of etc.venues will expand the size of Convene’s portfolio and team across the US and UK.

“The workplace of the future is a meeting space,” added Simonetti. “While individual work can be done anywhere, Convene provides purpose-built meeting and social event spaces with the tools and amenities aimed at inspiring collaboration that are needed for high-impact, team-based work. We are proud to further this offering with the addition of etc.venues to our global network.”

About etc.venues

Founded in 1992, etc.venues currently manages 49,000 sqm of events, training, and conference in the UK and New York. In 2019, the company served more than 3,100 clients and more than one million delegates across 19,000 events.

“Etc.venues is the largest urban day-conference venue provider in the UK with an incredible client base comprising a number of Fortune 500 companies,” said Alastair Stewart of etc.venues. “As we set our sights on expansion into the US, we realised the natural synergy and alignment with Convene and are really looking forward to what’s next as our two world-class firms join forces.”

About Convene:

Since its founding in 2009, Convene has served the meetings and events needs of more than 4,000 companies around the world. With the addition of etc.venues, Convene now has a network of 38 meetings, events, and flexible office locations.

Source: M&IT



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