NORWALK, Conn. NORWALK, Conn.–(BUSINESS WIRE)–Leading event management software company Aventri
announced the acquisition of ITN
International, the industry leader in NFC, mobile and cloud-based
technology. With the acquisition of ITN, Aventri will broaden its
technology and service offerings, expanding its global reach and the
events that they support.
Servicing annually 125 events, 10,000 exhibitors and 1.5 million
attendees, ITN serves event producers by combining technology with
personalized professional services to optimize events. A look at their
product set includes:
- Online registration system with speaker management, agenda builder,
session scheduling, and more.
- Onsite services include NFC badges, check-in stations, lead retrieval,
apps, RFID scanning and more.
- Data visualization tools with advanced reporting and analytics around
registration, badge activity and scans.
“The acquisition of ITN as a global provider of cloud-based event
management solutions is a major growth opportunity for Aventri,” says
Oni Chukwu, CEO of Aventri. “Aventri will significantly extend the
mission-critical technology solutions it offers enterprise customers
which they need to execute exceptional, profitable events worldwide.
We’re thrilled to be having an extremely talented and innovative group
from ITN joining the team.”
This is the fourth acquisition Aventri has made in the past three years,
following their recent rebrand and the majority investment by private
equity firm HGGC. ITN will bring Aventri’s total number of employees to
375+ and add five new global offices.
“HGGC chose to invest in Aventri because we believed in their team and
dedication to offering the market a data-driven platform to grow an
organization’s revenue around events,” said Steve Young, Co-Founder and
Managing Director of HGGC. “The decision to bring ITN into the fold will
only accelerate Aventri’s growth over the competition with more
innovation to gather data and drive event growth.”
As part of the acquisition, current CEO Ivan Lazarev will join the
Aventri executive team as the Group Head of Onsite Services. ITN’s
executive team members, COO Spencer Segura, CTO Chris Macleod and CRO
Mike Sorgani, will also join Aventri in senior management roles.
“Finding Aventri was the perfect fit, not only because of their
investors, but also because of their desire to provide an end-to-end,
top of the line solution for event data management,” said Lazarev. “We
could not be more excited to join forces with Aventri and HGGC.”
Kayla Starta, 412-780-7439