Transaction

JEGI CLARITY Represents Wyndham Jade In Sale To MCI

Date:
Deal Type:
Role:
Sectors:
  • B2B Information and Events
  • Events and Conferences
  • Marketing Services and Technology

Wyndham Jade, an industry-leading event and travel management company specializing in integrated convention housing and registration, site selection, meeting management, incentive programs and business travel management, has been sold to MCI.

JEGI CLARITY (www.jegiclarity.com), the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented Wyndham Jade in this transaction.

The addition of Wyndham Jade becomes a key component of MCI USA’s Meetings, Conventions and Incentives platform serving both associations and corporations, while accelerating MCI’s focused growth in the United States.

“MCI has closely monitored Wyndham Jade’s evolution as part of our larger dream around MCI’s growth and market strength in the United States,” said MCI Group Chief Executive Officer Sebastien Tondeur. “With this element of the dream now fulfilled, I’m excited to announce MCI’s intention to further accelerate in the near term its buy/build plans in the United States.”

“Wyndham Jade is a proven innovator in event technology and logistical execution. Together with MCI’s other recent acquisitions, the synergistic addition of Wyndham Jade enables MCI to serve associations and corporations with an impactful array of strategic and tactical solutions along the entire events value chain,” said Tom Gibson, Chief Executive Officer, MCI USA.

Shawn Pierce, President, Strategic Event Management, will lead the Wyndham Jade platform from Dallas, integrating its capabilities into MCI USA’s overall association and corporate meetings and events portfolio. Over his 20+ years’ experience in the event industry, Pierce has built enormously successful companies and organizational structures by leveraging data driven insights which fuel client-focused results. Pierce previously served as President of Experient and Senior Vice President at Hanley Wood.

“MCI is committed to enhancing the strategic and economic impact of our clients’ association and corporate events,” said Pierce. “In Wyndham Jade, we have added essential tools and proven talents that further enhance MCI’s role and reputation as a global leader.”

“MCI is a tailor-made platform for Wyndham Jade to further expand its value and service array to its clients. Our team is thrilled to become a part of MCI’s global story of innovation, growth and success,” said Sue Trizlia, Wyndham Jade Founder, who with the acquisition moves into a long-term executive advisory role with MCI USA.

Wyndham Jade now operates as Wyndham Jade, an MCI Group company and becomes part of MCI USA. Headquartered just outside Dallas, Texas in the fast growing city of Plano, with offices in Arizona, Iowa, Georgia and Illinois, Wyndham Jade brings 120 new talents to MCI USA.

Our team at JEGI CLARITY went the extra mile to ultimately get the deal WE wanted done. Not only did they understand our business and our industry, they understood the complexity of the human factor on both sides of the table. They worked tirelessly to ensure all parties were communicating throughout the entire process, allowing us to keep things moving while fostering positive discussions, even when we faced some difficult challenges. The JEGI CLARITY team was a true partner every step of the way.

Sue Trizila, President & CEO, Wyndham Jade
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