Nth Degree Partners with Shamrock Capital for Growth
Strategic Investment from Shamrock to Bolster Nth Degree's Services
Nth Degree, a leading company in event management and experiential marketing, has recently announced a strategic partnership with Shamrock Capital, a well-known investment firm based in Los Angeles. This collaboration is set to significantly enhance Nth Degree's presence in the thriving live events market, opening doors for new business opportunities within the industry.
About Nth Degree's Services
With over 45 years of industry experience, Nth Degree has emerged as a pioneer in event management, focusing on trade show exhibits, experiential installations, and retail environments. The company delivers customized event strategies through its Nth Degree Events division and offers integrated event services for major trade shows and corporate gatherings via its subsidiary, Fern Exposition Services. Thanks to Shamrock’s investment, Nth Degree is prepared to broaden and improve its service offerings across a range of industries such as technology, healthcare, automotive, and sports.
Executive Insights on the Collaboration
John Hense, Nth Degree's CEO, shared his optimism about the partnership, stating, "We believe Nth Degree's comprehensive suite of solutions positions us for significant growth in the multi-billion dollar market for in-person events. Partnering with Shamrock allows us to build on our existing momentum, expand our operations, and continue pushing the boundaries of the industry." His comments highlight a strong commitment to delivering customer-focused services.
Shamrock's Vision and Commitment
Andy Howard, a partner at Shamrock, conveyed his excitement about the collaboration as well. "As long-time investors in the live events space, we are thrilled to welcome Nth Degree into the Shamrock family. Nth Degree consistently provides best-in-class event management solutions, and our investment will further enhance their outstanding platform," he noted. This perspective underscores Shamrock's commitment to supporting innovative companies in the industry.
Continuity and Leadership
Nth Degree's current leadership team and operational structure will remain unchanged, ensuring a seamless experience for clients while upholding the exceptional service standards that have been a hallmark of the company. This strategy is critical for cultivating long-lasting relationships with clients and partners alike.
Advisors for the Transaction
In this transaction, Willkie Farr & Gallagher LLP served as legal advisor for Shamrock Capital, while Stephens Inc. acted as their financial advisor. For Nth Degree, DLA Piper provided legal counsel, and J.P. Morgan offered exclusive financial advice.
About Shamrock Capital
Shamrock Capital manages around $6.6 billion in assets. Established in 1978 as a family investment company by the late Roy E. Disney, Shamrock has evolved into a prominent firm focusing on private equity investments in sectors including media, entertainment, and communications. Their approach is centered on partnering with strong management teams to enhance value through collaborative efforts.
About Nth Degree
Nth Degree ranks among the top trade show and event management firms in the U.S., dedicated to creating impactful experiences that elevate brands. Based at their headquarters and supported by multiple satellite offices worldwide, Nth Degree successfully manages over 13,000 event projects each year, showcasing its extensive reach and operational capabilities.
Frequently Asked Questions
What is the purpose of the partnership between Nth Degree and Shamrock Capital?
The partnership aims to enhance Nth Degree's capabilities in the rapidly growing live events sector by leveraging Shamrock's investment expertise.
How long has Nth Degree been in business?
Nth Degree has built a distinguished presence over 45 years, specializing in event management and experiential marketing.
What industries will benefit from the investment?
The investment is expected to enhance Nth Degree's services across several industries, including technology, healthcare, automotive, and sports.
Who are the advisors for this transaction?
Shamrock Capital was advised by Willkie Farr & Gallagher LLP and Stephens Inc., while Nth Degree was advised by DLA Piper and J.P. Morgan.
What is Shamrock Capital's investment focus?
Shamrock Capital focuses on media, entertainment, communications, and related sectors, employing a collaborative investment approach to foster growth.
