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February 28, 2019

BCD M&E Reports Results of Three-Year Growth Plan

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BCD Meetings & Events (BCD M&E) has closed out its three-year growth plan, which the company says ended with a record year. 

Over the course of three years, BCD M&E says that the plan resulted in a 141 percent increase in total sales, 117 percent increase in employees, a 218 percent increase in its global footprint and a suite of expanded products and services, with clients now in more than 50 countries. 

The three-year plan, which launched in 2016, also saw BCD M&E complete four dedicated meetings and events acquisitions: Universal Meetings Management (U.S.), Plan 365 (U.S.), Zibrant (UK) and Grass Roots Meetings & Events (EMEA). The company also increased its footprint with additional acquisitions in eight countries – China, Colombia, Poland, Hong Kong, Germany, Switzerland, Norway and Sweden – and expanded into sports hospitality, travel and entertainment with the launch of BCD Sports

The company also launched a proprietary suite of technology services under its MeetingSource platform, including a self-service, online meeting booking tool and a non-employee expense reimbursement and reporting tool, as well as a global venue sourcing offering including proprietary technology for sourcing and contracting venues.

BCD M&E’s parent company, BCD Travel, also closed a record 2018 with a 6 percent increase in total sales over the previous year. Forbes magazine named BCD to its 2018 list of America’s Best Employers For Women, also having ranked BCD among America’s Best Employers three times. Additionally, BCD was ranked 29th on a list of 100 companies noted for flexible work environments in 2018. The recognition marked the fourth time BCD made the list compiled by FlexJobs, an online job search resource for professionals seeking telecommute, part-time or other flexible jobs.

Looking ahead, BCD M&E will now launch a new three-year growth strategy called Vision 2021. The plan will aim to expand its business through organic growth and strategic acquisitions, continuing to diversify offerings, increase its global footprint and offer new solutions to its customers.

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