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December 11, 2018

BCD M&E to Bring All Acquisitions Under One Name

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BCD Meetings and Events (BCD M&E) reports that it will bring all of its acquisitions under one name starting January 2019, which includes Grass Roots Meetings & Events

Grass Roots M&E UK, which was purchased by BCD Meetings and Events in December 2017, posted an increase in operating profit with 35% to almost £1.5 million GBP.

The Strategic Meetings Management and Delegate Management turnover of the UK business increased from £8.9 million to £9.3 million for the year ending December 31, 2017. Including the UK and Switzerland, which has been managed from the UK, the turnover has grown with 10 percent, whereas EBITDA doubled.

The acquisition of Grass Roots M&E provides BCD Meetings and Events an even wider reach across the globe, BCD M&E said. Both organizations share a complimentary client base as well as similar cultures and values.

BCD M&E employs more than 1,450 people across 50 countries.

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