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Strategic Events07/25/2005
LOS ANGELES, CA (July 25, 2005) -- TBA GLOBAL, a leader in corporate events and lifestyle marketing has announced the acquisition of all the assets of PGI - The Strategic Event Agency. Effective Monday, July 25, 2005, TBA will assume the operation of all the offices and services of the Washington, DC based PGI. The acquisition of PGI is expected to increase the annual revenue of the company to the range of $175 million and allows TBA to expand its client base to Canada and Europe. The company will remain headquartered in Southern California.
Since 2004, when TBA was acquired by entertainment industry executive Robert Geddes and JHW Greentree, an affiliate of J.H. Whitney & Co., and Irving Azoff, the company has experienced substantial growth with the production of such keystone events as Herbalife's 25thAnniversary Extravaganza, 2005 Presidential Inaugural Youth Day Event and SAP Sapphire 2005. TBA has successfully built a roster of top US companies including SAP, Intel, Bristol-Myers Squibb Company, Herbalife and Hospira among others.
"We are pleased to announce this acquisition that further expands TBA into new markets. The merger of TBA with PGI creates a company with multiple product offerings, an expanded team of talented staff and capabilities that can be matched by few. This transaction is consistent with the growth strategy outlined for our company from the very beginning," states Robert Geddes, CEO, TBA.
Founded in 1990, PGI has been responsible for more than 2,500 events annually throughout the United States, Canada and Europe. PGI developed five areas of expertise - Creative and Production Services, Interactive Services, Exhibition Services, Meeting Services and Destination Services. Their client roster includes Exxon Mobil, Ford, IBM, Aventis and Nestle Foods among others.
Founded in 1994, TBA Global is a privately held company that produces corporate events and fully integrated consumer marketing programs. Utilizing creative strategies and brand positioning, TBA's team of expert's design, produce and execute live events and key corporate messaging. TBA has offices in Los Angeles, New York, San Diego, Chicago, Omaha, Nashville, Salt Lake City as well as our virtual office at www.tbaglobalevents.com. TBA, delivering moments that connect.