This ad will be closed automatically in X seconds.

New Owner For Spring & Autumn Fair

Spring & Autumn Fair owner Hyve Group is being sold to an American private equity firm. According to The Guardian, which broke the news last week, Provident Equity Partners has agreed to a buyout deal.

Hyve Group was co-founded by Mark Shashoua in 1991 at ITE Group. Subsequently he was ceo of previous Spring & Autumn Fair organisers i2i Events before returning to Hyve Group in 2017 to transform it from a sprawling portfolio to focus on market-leading events.

Above: Mark Shashoua ceo of Hyve Group.
Above: Mark Shashoua ceo of Hyve Group.

Hyve chairman Richard Last told The Guardian: “The board believes the offer represents value for shareholders and that Providence, with their knowledge of the sector and belief in the business and management team, will be a good partner for Hyve.”

Providence Equity was founded by Jonathan Nelson in 1989. He now serves as executive chairman at the firm which has invested over £26.5billion ($32bn) in more than 170 companies.

It said it would support London-based Hyve, which currently organises 33 in-person events, to include Spring Fair and Autumn Fair, across 11 countries and employs more than 600 people in ten offices, by providing the capital for expansion and acquisitions to help it realise its full growth potential.

Top: Hyve Group owns Spring & Autumn Fair.

“Retail Revealed is a comprehensive resource that delves into the diverse aspects of the retail landscape”...
Tablescaping is inspiring hosts to make their tables, both indoors and outdoors, look Insta-ready...
"PETA approval serves as a testament to our long-standing commitment to producing cruelty-free beauty products”...
Gift retailers were among those who hot footed from around the UK to London’s Business Design Centre yesterday...
Raspberry Blossom
A debut Christmas range has launched for Autumn/Winter 2023, with an Everyday collection launching for Spring/Summer 2024...
Local gift card is helping to drive sales for the shop...
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.