08 Apr Prestige Global Meeting Source Acquires Event Management Company
This is a strategic move for Prestige as they expand their service offerings to include full service event management and on-site operation.
Prestige Global Meeting Source (Prestige) announced today that they acquired GMI, Inc., a Minneapolis-based meeting management and incentive travel management company with a history of 35 successful years in the full-service meetings industry. This is a strategic move for Prestige as they are adding a well-developed team of event managers and operators to provide event services under the Prestige name.
“Prestige has experienced phenomenal growth in the past few years. With 43 sales partners across the US and Canada that have traditionally focused on site selection, adding meetings management and event services through the acquisition of GMI is the logical next step in our company’s growth,” commented James St. Peter, Vice President of Sales, “We have worked with Kathy and the team at GMI for many years and have always admired their approach to meetings management and how they service our shared clients.”
Kathy Morton, President of GMI, Inc., and the rest of the GMI team will transition to the event services department at Prestige. This was an imperative detail of the acquisition as the entire full-time staff at GMI has been working together for more than 15 years. This team’s longevity assures event services clients that the team working on their meetings and events will have the experience, knowledge and consistently high level of service that they’ve come to expect from working with Prestige. “We have partnered with Prestige to serve many of our common clients in the past, we are thrilled to be joining the team so we can offer our event expertise and operations services to an expanded population of planners. The skills and expertise of the GMI team will be a great complement to Prestige’s team of seasoned sales partners.” Kathy said.
Chad Houwman, Partner at Prestige Global Meeting Source, commented “Making the investment in the acquisition of GMI supports Prestige’s strategic initiative to expand the ways in which we can help our clients. Bringing the expertise of the entire GMI team onboard provides a major growth opportunity for our business and we are thrilled to be adding this service offering to our clients.”
About Prestige Global Meeting Source
Prestige Global Meeting Source, founded in 1986, provides a site selection, and now event services and meetings management services to its clients. Its long-tenured hospitality sales team, combined with long-standing partnerships with many luxury hotel brands provide a market-leading proposition for meeting and event clients.
The company provides clients with a network of experienced sales partners who work to find and contract the best possible hotels, resorts, DMCs or cruises for groups. In addition to site selection, the company provides full service event development and management.
Prestige is committed to providing best-in-class service and value to its clients.