Home > > Cvent acquires Elite Meetings International

Cvent acquires Elite Meetings International

01/08/2015| 8:57:45 AM| 中文

Cvent has acquired hospitality marketing company, Elite Meetings.

Terms were not disclosed, but, in a statement today, Cvent said it expects

“the financial impact of the transaction to be immaterial to revenue in 2015 and to be dilutive to 2015 adjusted EBITDA by approximately $3.5 million.

The acquisition boosts Cvent’s list of meeting planners who are sourcing events, plus greater inventory of hotels, resorts, and venues.

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TAGS: Cvent | Elite Meetings | acquisition
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