Emerald Holding Acquisition, Valuation & Financials

Movile is a Campinas-headquartered investment company that backs mobile commerce platforms across Latin America. It holds major stakes in iFood, Brazil's leading food delivery service processing millions of orders daily, and operates in ticketing through Sympla and children's content via PlayKids. Naspers has been a key shareholder since 2008, supporting expansions into the United States and France. Innova Capital joined as a partner in 2014. Founded in 1999, Movile focuses on online-to-offline applications in education, logistics, and entertainment sectors.

Alisports is the sports division of Alibaba Group, launched in 2015 to build a sports industry platform spanning content, e-commerce, events, ticketing, and media rights in China. It has held exclusive broadcast and marketing rights for events such as the FIFA World Cup in China and has organized its own properties, including the World Electronic Sports Games and World Online Running Alliance. The company expanded into fitness through its 2018 acquisition of Ledongli, a Chinese fitness app and wearables company with tens of millions of users.

Corporacion Interamericana de Entretenimiento SAB de CV is a Mexico-based company engaged in the business of providing entertainment services in Latin America and worldwide. It offers a wide Range of entertainment options to a variety of audiences and budgets in large- and medium-sized cities. Its services include concerts, theatrical productions, sporting events, family events and cultural events, among others. In addition, it operates an amusement park in Colombia.

GL Events is a France-based company engaged in providing facilities for meetings: congresses and conventions, cultural, sporting, institutional, and corporate events, trade shows, and exhibitions for professionals and the general public. It has three business divisions, namely GL events Live: Provides turnkey solutions for all events, whatever the format, from the consulting phase through to production. GL events Exhibitions: Design, Production, and Management of Professional Trade Shows and Consumer Exhibitions to Promote Key Sectors. GL events Venues: Manages a network of over 60 event venues around the world (convention and exhibition centers, arenas, etc).

Funshine Culture Group Co Ltd is engaged in different types of business in various art events and cultural activities both domestically and internationally, including planning, art creation and design, stage arts design, urban landscape construction and the lighting and audio project designing theatre and art venues. The company operates in four segments namely events and stage lighting; landscape lighting and interpretation; multimedia creative production; live performance and cultural tourism synthesis services.

PVR INOX Ltd is a diversified media company engaged in the film entertainment industry. The company has two primary business segments, which includes Movie exhibition, and Others. The Movie exhibition business segment which derives key revenue, operates a chain of movie theaters, generating revenue through ticket sales, food and beverage sales, and in-cinema advertising. The Other business segment operates complementary ventures such as movie production, distribution and gaming, etc. The company generates the vast majority of its revenue in India.

Kakao M is a Seoul-based music and entertainment label merged into Kakao Entertainment in 2021, formerly LOEN Entertainment founded in 1978. It produces albums for artists like IU and Zico, distributes tracks via Melon streaming service, and manages talent agencies for actors in dramas such as Hotel Del Luna. Kakao M handles concert production at venues like KSPO Dome, film investments including Parasite collaborations, and publishing rights for K-pop catalogs.

Pursuit Attractions and Hospitality Inc is an attractions and hospitality company that owns and operates a collection of inspiring and unforgettable experiences at iconic destinations across the United States, Canada, Iceland and Costa Rica. Its elevated hospitality offerings include point-of-interest attractions and distinctive lodges, as well as integrated restaurants, retail options, and transportation that allow visitors to discover and connect with breathtaking national parks and renowned travel locations.

ONE Championship is a Singapore-headquartered martial arts organization hosting mixed martial arts, Muay Thai, and kickboxing events across Asia. It broadcasts to 190 countries via partnerships with ESPN, Amazon Prime Video, and local networks, drawing 100 million viewers per major event. The promotion features champions like Demetrious Johnson and Angela Lee, staging cards in Jakarta, Manila, and Tokyo arenas. Founded in 2011, ONE Championship generates $100 million in annual revenue.

Nashville-based Opry Entertainment Group is the parent company of the Grand Ole Opry, offering live performances, streaming events, and artist development since its founding in 2019. The platform hosts over 200 shows annually at the Opry House, featuring country stars like Blake Shelton and Carrie Underwood. It streams content on Circle Country TV and partners with Ryman Hospitality for venue management.

Ollamani SAB is a holding company that operates through its subsidiaries in various businesses, including the Football Business, which is the Company that owns Club America, a professional soccer team with championships in Mexico and considered one of the popular teams. Estadio Azteca is the company that owns and operates the Estadio Azteca. Games and Sweepstakes Business under the PlayCity brand, the company operates eighteen casinos in Mexico with food and beverage service, as well as a website in the one that offers sports betting and casino betting. The Company's operations are classified into three segments: Football Segment, Gaming Segment, and Publishers and Distributors Segment.

Amsterdam-launched in 2006, PICNIC acts as a European incubator and accelerator fostering cross-industry collaborations on technology applications for business, social, and environmental challenges through events and informal networking.

Unrivaled Sports is a youth sports operator owning Ripken Baseball and Cooperstown All Star Village. Headquartered in Baltimore since 2020, it manages 20 facilities hosting 1 million annual participants in baseball, softball, and football. Holdings include Baseball Factory tryouts and the ForeverLawn complex at Hall of Fame Village.

Matchroom is a UK-based sports promotion and media company with more than 40 years of experience producing and distributing live sporting events, spanning boxing, darts through the PDC, snooker via the World Snooker Tour, and Matchroom Pool. It distributes content through its own OTT platform, Matchroom.Live, alongside social channels and global broadcasters, and produces original documentaries and other programming through its Matchroom Media division.

Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, and Congresses. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions.

Zola is a wedding planning platform that combines registry services, website builders, and vendor marketplaces. New York-headquartered since 2013, it equips couples with tools for invitations, guest lists, and photo sharing alongside cash funds for honeymoons and home goods. Zola partners with retailers like Crate & Barrel and West Elm to facilitate purchases from over 1,000 brands.