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Jul 19, 2024
1 min to read
In a significant development, Event Management Gestev, a subsidiary of Quebecor Media, has acquired Evenma, which thereby acquires the operating rights for Festivent and Festibières.
This strategic transaction marks a pivotal moment for both companies and signals exciting opportunities for growth and expansion.
Founded in 1992, Event Management Gestev is a Quebec company that specializes in event management and production. It is known for its expertise in organizing festivals, sports competitions, concerts and other cultural events.
Evenma is an emerging company focused on technology solutions for the events industry. It offers event management platforms, customized mobile applications and data analysis tools.
The acquisition of Evenma strengthens Event Management Gestev’s position in the digital market and opens up new opportunities for innovation and growth.
BCF is proud to have represented all the shareholders who sold their stake to Gestev. The team, led by our partner and head of the business group, Audrey Saint-Pierre, and including our lawyers Laurence Lavertu, Ariane Filion-Thériault and Valérie Allard, played a crucial role in ensuring a smooth and efficient process for the transaction.
Read the press release : Gestev acquires Evenma
Every transaction comes with its own opportunities and challenges. Through a pragmatic, results-driven approach, our Mergers, Acquisitions and Business Transfers team supports entrepreneurs, investors and business leaders at every stage of their growth, acquisition, divestiture and business succession projects. Feel free to contact us to discuss your situation.
