Hyve Group selling Russian business to Rise Expo for £72mn

LONDON, UK: Hyve Group plc, the next-generation global events business, announced the proposed disposal of its Russian business. A wholly owned subsidiary of the company has entered into a conditional agreement with Rise Expo Limited with respect to the sale of the Russian Business for a maximum cash consideration of £72 million, wholly structured as…

Hyve Group acquires Fintech Meetup for up to $55 million

LONDON, UK: Hyve Group plc, the next-generation global events business, announced the acquisition of Fintech Meetup LLC, organiser of the leading U.S. based fintech facilitated meetings event, for an initial consideration of $5 million and contingent consideration of up to $50 million payable in 2024 and 2025, a bourse filing noted. Hyve Group Board is…

Hyve Group to acquire 121 Group for up to £50 million

LONDON, UK: Hyve Group, the next-generation global events business, has agreed to acquire 121 Group (HK) Limited and 121 Partners Limited (121 Group) for initial consideration of $28 million. The estimated total consideration after earn-out is expected to be between approximately £42 million and £50 million. 121 Group is a market leading omnichannel meetings programme…