Founded in 1991, The Expo Group is a well-established provider of a wide range of event services. The company specializes in design, planning, asset procurement, booth rentals, logistics, and full execution, managing over 500 trade shows, live events, and exhibitor projects annually.
The Expo Group, based in Irving, Texas, has now secured a majority investment from New State Capital Partners, a private equity firm located in New Rochelle, New York. The Expo Group offers a comprehensive suite of services to the trade show and live event sectors across North America.
This investment was made in collaboration with the company’s management and existing stakeholders, who reinvested a significant portion of the proceeds. Financial terms of the deal have not been disclosed.
Ray Pekowski, the founder of The Expo Group, shared his enthusiasm for the partnership: “Teaming up with New State represents a key milestone in our company’s evolution. This partnership not only honors the legacy we’ve created but also lays the foundation for an even more prosperous future. With New State’s backing, I’m confident The Expo Group will continue to set industry standards and reach new heights of success.”
A Leader in B2B Trade Show Services
The Expo Group, founded in 1991, is renowned for its extensive event management services, which include everything from design and planning to logistics and execution. The company serves a wide variety of clients, from leading event organizers and independent trade associations to corporations and educational institutions.
Randy Pekowski, CEO of The Expo Group, expressed excitement about the partnership: “Collaborating with New State marks an exciting new phase for our expanding company. Just as we’ve always been dedicated to helping our customers connect their communities, New State is now investing in our future to create even more opportunities for growth.”
He added that the partnership would bolster The Expo Group’s operational capabilities and facilitate continued business expansion, all while maintaining the company’s commitment to delivering outstanding service. “We are excited to leverage this partnership as we continue our path toward even greater achievements,” Pekowski said.
Backing for Growth and Strategic Expansion
New State made this investment through its Fund III and worked alongside Panos Partners, a Dallas-based independent sponsor led by Bryan Scott, a former events industry executive. This marks the fourth deal in which New State has partnered with an independent sponsor.
Kurt Lentz, Senior Principal at New State, commented: “We identified the B2B trade show and live event services sector as a key area for investment several years ago, and we’re thrilled to partner with a leading player in the industry. Together with Randy and his team, we aim to accelerate The Expo Group’s growth organically and through strategic acquisitions.”
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