Russ Curry, Ministry of New Media
As usual we were the first, to write back in March 2021, “Digital Signage Expo Sold for USD 450,000”. That was the result of a bankruptcy court auction process for what was left of Exponation, LLC’s demise.
The new owner, a company called Questex has now raised its head above the parapet.
Questex, owned by MidOcean Partners, acquired the rights to the live and digital assets including all trademarks, tradenames, websites, domain names, databases as well as customer, vendor and attendee lists.
Back in December 2019, Questex acquired Live Design and the annual LDI trade show, which connects design, technology and production to the live audience experience. Questex’s other technology assets include Sensors Converge, StreamTV Show and Fierce Electronics.
Questex CEO Paul Miller told us “We’re starting 2021 in a very strong position with the right people, the right products and the right processes. We’ve created a strong foundation and strategy that is incredibly relevant to the disruptive trends currently in the market. Digital Signage Expo complements our portfolio perfectly and we’re excited for the opportunity to grow these properties as part of the Questex family. We hope to build upon the past success of the brand to connect suppliers with buyers across this very exciting market”.
MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has managed approximately $4.8 billion of committed capital. It has targeted investments in high-quality middle-market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and currently manages over $7.5 billion across a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts as of December 2020.
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