Market Overview

Emerald Expositions Acquires Leading Technology Brands Serving the Residential, Commercial and Security Integrator Markets


Emerald Expositions Events, Inc. (NYSE:EEX) ("Emerald"), a leading U.S.
business-to-business trade show, event and conference producer, today
announced the acquisition of a leading technology event and a group of
complementary technology intelligence brands from EH Media for
approximately $28 million in cash.

The acquired brands have delivered impressive organic growth in recent
years, driven by increases in digital revenues, now representing
approximately half of total revenues, as well as solid event revenue
growth. These brands are strategically aligned with Emerald's CEDIA Expo
and Connecting Point Marketing Group (CPMG) businesses, and include:

  • Total Tech Summit: a premier hosted-buyer event serving the
    residential, commercial and security integrator markets;
  • CEPro: a leading media brand for custom technology integrators
    in the residential market and the media partner of Emerald's CEDIA
    Expo trade show;
  • Commercial Integrator: a top information source for commercial
    technology integrators serving small and midsize businesses;
  • Security Sales & Integration: a leading media brand for
    residential and commercial security installation contractors; and
  • Campus Safety: a leading media brand serving security
    professionals responsible for schools and academic campuses with
    several events and intelligence products.

David Loechner, Emerald's President and CEO, commented, "We are thrilled
to welcome the EH Media team and their highly valuable brands and assets
to Emerald. Ken Moyes has built an impressive group of interconnected,
technology-oriented brands that are focused on the integration of audio,
video, communications, IT, security and energy management products into
buildings of all types. This secular trend has been underway for several
years and is only accelerating, which bodes well for the future. In
fact, we see a tremendous opportunity to deliver continued strong
organic growth in these businesses while also achieving synergies as we
integrate these brands and assets into Emerald. We believe that this
acquisition, once fully integrated, will not only strengthen our
existing trade shows but also expand both their relevance and growth
profile in several of our key end markets."

Members of the EH Media team, largely based in Framingham, MA, will join
Emerald and report to Brian Pagel, Senior Vice President. Mr. Pagel is
also responsible for overseeing CEDIA Expo, Kitchen & Bath Industry
Show, Kitchen & Bath Business, and National Pavement Expo.

Commenting on the acquisition, Mr. Pagel added, "I am excited to welcome
this experienced, industry-recognized, and entrepreneurial team to
Emerald, where we can add momentum to the existing growth in their
various events and leverage their content, digital capabilities and
market positions to strengthen and expand Emerald's portfolio of
building and design-focused shows, particularly CEDIA Expo. We look
forward to creating new events and revenue opportunities together across
both portfolios."

"Emerald is acquiring a great team and a well-positioned portfolio of
events and brands that overlaps nicely with their current portfolio and
also provides exposure to attractive adjacent markets," said Ken Moyes,
EH Media's Founder, President and CEO. "While it is tough to part with
people and brands that have been such an integral part of one's life for
decades, the business and cultural fit with Emerald is very strong and
they have the people, resources and market positions to take these
brands to the next level."

Berkery Noyes, an independent mid-market investment bank, was the
exclusive financial advisor to EH Media in this transaction.

About Emerald Expositions

Emerald is the largest operator of business-to-business trade shows in
the United States by net square feet ("NSF"), with most of our trade
shows dating back several decades. Emerald currently operates more than
55 trade shows, as well as numerous other events. In 2017, Emerald's
events connected over 500,000 global attendees and exhibitors and
occupied over 6.9 million NSF of exhibition space.

For more information on Emerald, please visit

Cautionary Statement Concerning Forward-Looking

This press release contains certain forward-looking statements,
including assumptions about future industry trends and Emerald's ability
to execute its acquisition strategy to accelerate growth. These
statements are based on management's expectations as well as estimates
and assumptions prepared by management that, although they believe to be
reasonable, are inherently uncertain. These statements involve risks and
uncertainties, including, but not limited to, economic, competitive,
governmental and technological factors outside of Emerald's control that
may cause its business, industry, strategy, financing activities or
actual results to differ materially. See "Risk Factors" and "Cautionary
Note Regarding Forward-Looking Statements" in Emerald's Annual Report on
Form 10-K for the year ended December 31, 2017. Emerald undertakes no
obligation to update or revise any of the forward-looking statements
contained herein, whether as a result of new information, future events
or otherwise.

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