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Life Fitness (UK) Ltd
Life Fitness (UK) Ltd
Life Fitness (UK) Ltd
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Blackstone acquires live events specialist NEC Group

Private equity giant Blackstone has acquired UK-based live events venue operator National Exhibition Centre Group from LDC, the private equity arm of Lloyds Banking Group.

The deal, believed to be worth around £810m, will see Blackstone take control of the National Exhibition Centre (NEC) in Birmingham, as well as the International Convention Centre, the Genting Arena and Arena Birmingham – as well as caterer Amadeus and national ticketing agency The Ticket Factory.

NEC hosts many of the largest exhibitions in the UK and recently partnered with Merlin Entertainments to open the first Bear Grylls Adventure visitor attraction and a LEGOLAND Discovery Centre on the company’s sites.

The NEC is also due to host nine sports as part of the 2022 Commonwealth Games.

“Blackstone’s track record in scaling companies, sector knowledge and real estate capabilities, make them the ideal new partner for NEC Group to realise the next phase of our ambitious growth strategy," said Paul Thandi, Chief Executive of the NEC Group.

Lionel Assant, European head of private equity at Blackstone, added: “The NEC has transformed its main site into a leading leisure, entertainment and business destination, which continues to benefit from a diverse customer base.

"We have tremendous respect for what has been achieved; NEC Group is iconic and we are excited about our new partnership as we look to leverage our firm’s capabilities in support of the team.”

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Private equity giant Blackstone has acquired UK-based live events venue operator National Exhibition Centre Group from LDC, the private equity arm of Lloyds Banking Group.
SAR,VAT,COL,PRO,EVT,SAM
THUMB29513_739796.jpg
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News

Blackstone acquires live events specialist NEC Group

Private equity giant Blackstone has acquired UK-based live events venue operator National Exhibition Centre Group from LDC, the private equity arm of Lloyds Banking Group.

The deal, believed to be worth around £810m, will see Blackstone take control of the National Exhibition Centre (NEC) in Birmingham, as well as the International Convention Centre, the Genting Arena and Arena Birmingham – as well as caterer Amadeus and national ticketing agency The Ticket Factory.

NEC hosts many of the largest exhibitions in the UK and recently partnered with Merlin Entertainments to open the first Bear Grylls Adventure visitor attraction and a LEGOLAND Discovery Centre on the company’s sites.

The NEC is also due to host nine sports as part of the 2022 Commonwealth Games.

“Blackstone’s track record in scaling companies, sector knowledge and real estate capabilities, make them the ideal new partner for NEC Group to realise the next phase of our ambitious growth strategy," said Paul Thandi, Chief Executive of the NEC Group.

Lionel Assant, European head of private equity at Blackstone, added: “The NEC has transformed its main site into a leading leisure, entertainment and business destination, which continues to benefit from a diverse customer base.

"We have tremendous respect for what has been achieved; NEC Group is iconic and we are excited about our new partnership as we look to leverage our firm’s capabilities in support of the team.”

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Private equity giant Blackstone has acquired UK-based live events venue operator National Exhibition Centre Group from LDC, the private equity arm of Lloyds Banking Group.
SAR,VAT,COL,PRO,EVT,SAM
THUMB29513_739796.jpg

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Stelian Iacob

Stelian Iacob, CEO and senior VP, Therme Group
We’re seeing a much greater focus on the need to integrate healthy living into daily life and reconnect with nature and each other
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Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
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Featured supplier news
Featured supplier news: Introducing the Official Hammer Strength Box: a complete small group training solution
With gyms reopening as the fitness industry recovers from the impact of the pandemic, members are seeking social interaction and engaging training experiences in a small group setting.
Featured supplier news
Featured supplier news: FunXtion enhance interactive workouts with the launch of Virtual Player
Digital meets personal with the new Virtual Player from FunXtion, experts in interactive fitness, which allows clubs to stream and schedule world class virtual classes anytime, providing an interactive workout experience on the gym floor, functional area or directly to members at home via an app.
Featured operator news
Featured operator news: Everyone Active bolsters Everyone on Demand and enters second year with five new partnerships
Everyone Active has signed a number of new deals which will see the operator strengthen its digital product offering, Everyone on Demand.
Featured operator news
Featured operator news: Being active helps Parkwood Leisure customers save the NHS £16m
Parkwood Leisure, one of the UK’s leading public leisure facilities operators, helped prevent more than 7,000 cases of stroke, dementia, depression and type 2 diabetes in 2019, saving the NHS £16 million, a new social value report has shown.
Company profiles
Company profile: miha bodytec
Founded in 2007 in Gersthofen, Germany, miha bodytec is the market-leading supplier of Electro Muscle ...
Company profiles
Company profile: EMD UK
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Supplier Showcases
Supplier showcase - Gympass
Catalogue Gallery
Click on a catalogue to view it online
Directory
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Management software
fibodo Limited: Management software
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Spa software
SpaBooker: Spa software
Fitness equipment
Octane Fitness: Fitness equipment
Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Uniforms
Service Sport: Uniforms
Skincare
Sothys: Skincare
Architects/designers
Zynk Design Consultants: Architects/designers
Wearable technology solutions
MyZone: Wearable technology solutions
Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
Property & Tenders
Pendine Sands, Carmarthenshire
Carmarthenshire County Council
Property & Tenders
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
13-14 Oct 2021
Online,
Diary dates
04-07 Nov 2021
Exhibition Centre , Cologne, Germany
Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
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Life Fitness (UK) Ltd
Life Fitness (UK) Ltd