03/18/2025 | Press release | Distributed by Public on 03/18/2025 11:39
Fried Frank acted as counsel to Emerald Holding, Inc. (Emerald) in connection with the acquisition by its wholly owned subsidiary, Advertising Week Europe Ltd, of the entire issued share capital of Insurtech Insights Limited (Insurtech).The purchase price included an upfront payment, an earn-out based on growth in EBITDA, a true-up payment to adjust for the actual 2025 EBITDA versus the estimate, and a payment based on the gross profits for the London 2025 event which is to take place on 19 and 20 March 2025.
Emerald is a leader in building dynamic, market-driven business-to-business platforms that integrate live events with a broad array of industry insights, digital tools, and data-focused solutions to create uniquely rich experiences.
Insurtech is a premier operator of large-scale insurance technology conferences across the US, Europe, and Asia.
The Fried Frank team was led by corporate partner Ian Lopez and special counsel Nick Skill.