CONVENE ACQUIRES UK-BASED MEETING PROVIDER ETC.VENUES

Acquisition Creates the Largest Provider of Dedicated Premium Meeting and Event Venues in the U.S. and UK, Expands Convene Offering for Clients Globally

LONDON and NEW YORK, Feb. 1, 2023 /PRNewswire/ -- Convene, a hospitality company that designs and manages premium meeting, event, and flexible office spaces, today announced that it has acquired etc.venues, an established leader in urban day conferencing with venues across the United Kingdom in London, Manchester, and Birmingham, and in the United States in New York City. The acquisition adds 16 new venues to the Convene portfolio, making it the largest single provider of dedicated premium meeting and event venues in the U.S. and UK.

"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, managing director,  has built an incredible business across the UK and New York for over 30 years; the acquisition of an organization 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."

Convene is a premium provider of corporate meeting and event spaces, offering everything needed for a turnkey experience including: thoughtfully-designed spaces to maximize collaboration and productivity, full-service production services, catering, and a dedicated A/V team for in-room and hybrid tech support.  The addition of etc.venues quickly expands the size of Convene's portfolio and team across the U.S. and UK affording the business to strategically benefit from economies of scale and further operating efficiencies. 

"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 is a leading provider of events, training, and conference venues with a 450,000-square-foot real estate portfolio spanning 13 UK locations and three New York City outposts.  In 2019, the company served over 3,100 clients and more than 1 million delegates across 19,000 events.