IMC Announces New Executive Leadership Team Following Atlanta Acquisition; Previews Long Range Plans for Markets and Continued Capital Investment
HIGH POINT, N.C. – (October 3, 2018) — International Market Centers (IMC) and Forward High Point announced today that IMC has donated its property located at 101 S. Main Street, also known as Showplace West, to Forward High Point for use in FHP’s downtown revitalization project.
LAS VEGAS, March 27, 2018— The City of Las Vegas and International Market Centers, owners and operators of World Market Center, have announced a proposal for construction of a new 350,000-square-foot expo center in downtown Las Vegas.
LAS VEGAS, NV, HIGH POINT, NC and ATLANTA, GA – (August 22, 2018) —International Market Centers (IMC) has entered into an agreement to acquire the Atlanta Decorative Arts Center (ADAC), a leading design facility housing the Southeast’s largest collection of luxury furnishings for residential, hospitality and commercial applications. This announcement follows the recent merger between IMC and AmericasMart Atlanta, which was finalized on July 20, 2018. The ADAC purchase is expected to be completed by late September. Financial terms of the transaction were not disclosed.
LAS VEGAS, NV, HIGH POINT, NC and ATLANTA, GA – (July 20, 2018) – International Market Centers (“IMC”) announced today the completion of the acquisition of AmericasMart Atlanta. The merger of the two best-in-class B2B showroom operators creates the world’s largest permanent mart for the furniture, gift, home décor, rug, and apparel industries. Financial terms of the transaction were not disclosed.
CEO Bob Maricich addresses some of the industry’s questions about the recently announced merger between International Market Centers and Atlanta Market Center.
International Market Centers and AmericasMart to Combine to Form the World’s Largest Owner and Operator of Premier Showroom Space
New Las Vegas Market Website Launches with Enhanced Exhibitor and Market Planning Tools
Blackstone announced today that funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities entered into a definitive agreement to acquire International Market Centers, Inc. (“IMC”), the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, LP and funds managed by Oaktree Capital Management, L.P. Fireside Investments is also expected to partner with Blackstone in the acquisition. Financial terms of the transaction were not disclosed.
