Alantra advised the management team of the NEC Group on their participation in the £300 million buy-out of this internationally recognised facility
SECTORConsumer Goods & Retail
Value £300 million
Alantra has advised the management team of the NEC Group on their participation in the £300 million buy-out of this internationally recognised facility. The deal, led by CEO Paul Thandi and funded by LDC and Macquarie Bank, covers all NEC Group businesses, including The National Exhibition Centre, the Genting Arena, the Barclaycard Arena (formerly the The National Indoor Arena) and the International Convention Centre, as well as the NEC’s other commercial activities including The Ticket Factory, specialist catering business, Amadeus and the NEC’s third party venue management operations.
Widely regarded as an iconic British business, the NEC Group is a major contributor to the West Midlands economy, delivering an estimated economic impact to the region of more than £2 billion per annum and supporting some 29,000 jobs. The business has hosted events as diverse as G8 and European Union summits, political and industry conferences, Horse of the Year Show, Crufts and virtually all of music and comedy’s global stars.
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