Convene, a US-based provider of workspaces, meetings and event venues, has acquired etc.venues.
Founded in 1992, etc.venues is a provider of events, training, and conference venues with a 41,806sqm real estate portfolio spanning 13 UK locations and three New York City outposts.
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 US and UK.
Convene now has a network of 38 meetings, events, and flexible office locations across the U.S. and UK.
Expansion and partnership
“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 acquisition of an organisation 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.”
Alastair Stewart, managing director, etc.venues, added: “etc.venues is the largest urban day-conference venue provider in the UK with a client base comprising a number of Fortune 500 companies.
“As we set our sights on expansion into the U.S., we realised the natural synergy and alignment with Convene and are really looking forward to what’s next as our two firms join forces.”
This acquisition follows Convene merging with SaksWorks in 2022, and announcing its new San Francisco location opening later this year.