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.”
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.”
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.