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Private equity firm acquires Memphis events co. - The Business Journals

Reported by Bizjournals
May 1, 2026· 2 min read
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Key Takeaways
  • • A Texas-based private equity firm acquired a majority stake in a Memphis-based events company, positioning the buyer to expand operations across the Southeast region.
  • • The acquisition represents continued dealmaking activity by the PE firm, which completed a $575 million acquisition of a Chicago-based firm in May 2025, signaling aggressive growth through bolt-on acquisitions.
  • • The Memphis company has partnered with Chicago-based Shore Capital to fuel regional expansion, indicating a multi-platform strategy combining PE capital with specialized operational expertise.
  • • The deal exemplifies PE firms' focus on the events and experiential marketing sector, where consolidation and geographic expansion create operational synergies and revenue growth opportunities.
Summary
A Texas-based private equity firm has acquired a majority stake in a Memphis-based events company as part of an expanding acquisition strategy focused on the Southeast market. The transaction reflects the PE buyer's commitment to growth through acquisitions, building on recent dealmaking that included a $575 million purchase of a Chicago-based firm completed in May 2025.

The Memphis company is partnering with Shore Capital, a Chicago-based firm, to execute a regional expansion strategy across the Southeast. This dual-platform approach—combining PE capital with Shore Capital's operational expertise—positions the combined entity to capture market share in the fragmented events and experiential marketing space, where consolidation has become a primary growth lever for institutional investors.

The acquisition aligns with broader trends in private equity's focus on business services and events management sectors. These verticals have demonstrated resilience and recurring revenue characteristics attractive to PE acquirers seeking mid-market platforms with bolt-on acquisition potential. The PE firm's recent M&A cadence, evidenced by the May 2025 Chicago acquisition and the current Memphis deal, suggests a disciplined platform-building strategy targeting regional scale and operational consolidation in the events industry.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Bizjournals Private equity firm acquires Memphis events co. - The Business Journals