Houlihan Lokey Advises New State Capital Partners

Houlihan Lokey is pleased to announce that New State Capital Partners (New State) has completed a majority investment in The Expo Group.

Headquartered in Irving, Texas, The Expo Group is renowned for its comprehensive event services, providing design, planning, asset procurement, booth rentals, logistics, and execution services as the architect for more than 500 trade shows, live events, and exhibitor projects annually. The company serves a diverse set of end markets on behalf of leading event organizers, independent trade associations, corporations, and higher education institutions. The partnership will allow The Expo Group to drive continued organic growth as well as accelerate the company’s growth trajectory through M&A.

“Joining forces with the New State team marks an exciting new chapter for our growing company. Just as we invest in our customers as architects for connecting communities, they are investing in our future to help us expand opportunities for success. Their resources will allow us to enhance our operations and further scale our business, while continuing to deliver exceptional experiences for our clients. We look forward to leveraging this partnership to continue our path of record-breaking growth,” said Randy Pekowski, President and CEO of The Expo Group.

“Partnering with New State is a significant milestone in the journey of our business. This collaboration not only honors the legacy we’ve built, but also sets the stage for an even brighter future. I am confident that with New State’s support, The Expo Group will continue to lead the industry and achieve new levels of excellence,” said Ray Pekowski, Founder of The Expo Group.

Houlihan Lokey served as the exclusive financial advisor to New State.

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