Opus Agency, a portfolio company of Growth Catalyst Partners (GCP), has acquired CRG Events.
CRG Events provides management services including event logistics, event registration and onsite management. The company specializes in corporate conferences, meetings, product launches, roadshows, recognition and reward programs, and tradeshow management. CRG clients include the Bill & Melinda Gates Foundation, Microsoft, and Columbia Sportswear among others. The company was founded in 1984 and is headquartered in Seattle (www.crgevents.com).
Opus Agency is a brand and marketing agency. The company specializes in event strategy, event production, event technology, social media marketing, creative design, airport marketing, promotional marketing, tradeshows, and branding. Opus Agency creates and manages hundreds of events and campaigns every year, all over the world, including executive-level summits, immersive brand experiences, and conferences. The company was founded in 1993 and is headquartered in the Portland suburb of Beaverton, OR (www.opusagency.com).
“CRG’s deep event management experience and knowledge, combined with their proven registration services, enables us to give our clients even more of what they love about Opus,” said Monte Wood, CEO of Opus. “Their beautiful office in Seattle also provides the geographic presence we have been seeking for Opus.”
CRG’s long-time CEO, Leasa Mayer, will serve as executive vice president at Opus. “We are so thrilled to become a part of the Opus family,” said Ms. Mayer. “We have an incredibly complementary set of services and clients, but even more importantly, there is complete harmony where our cultures and philosophies are concerned. Choosing the best acquisition partner for my team was imperative, and I have the utmost respect for Monte and his leadership. I have no doubt that, together, we will deliver even greater success for our clients.”
Growth Catalyst Partners (GCP) invests in companies with EBITDA from $3 million to $12 million. Sectors of interest include marketing, information, media and business services with an emphasis on companies with a tech-enabled orientation. The firm was founded in April 2017 by Jim TenBroek, a former Managing Director at Wind Point Partners, and Scott Peters, the former Co-President of media-focused investment bank JEGI. GCP is based in Chicago with an office in Rowayton, CT (www.growthcatalystpartners.com).
Opus Agency has been a portfolio company of GCP (through its predecessor Fan Creek Capital) since October 2015.
© 2018 Private Equity Professional | March 7, 2018