MALVERN, Pa. — HMP Global, a Malvern-based healthcare event and education company, has acquired the annual Senior Living Executive Conference & Expo from Argentum, a national association supporting companies operating senior living communities.
Financial terms of the agreement were not disclosed.
Nearly 3,000 executives from 750 companies attend the annual. Participating companies represent decision-makers from for-profit and nonprofit operators, real estate investment trusts (REITs), private equity firms, capital providers, industry suppliers, media and academia. The 2022 event will resume its pre-COVID meeting pattern and take place May 16 to 18 in Minneapolis.
The two organizations also announced a multi-year partnership to guide the meeting’s strategic direction and program development, working to ensure the conference remains relevant to current participants, while attracting new segments with differentiated value. The Senior Living Executive Conference & Expo will remain the official meeting of Argentum.
“We can’t think of a better organization than HMP Global to take the conference and expo into its next phase of growth,” says James Balda, Argentum president and CEO. “This partnership will allow our association to focus on strategic initiatives that deliver even more value year-round for our members and will support our continued need to focus on advocacy and policy initiatives that are increasingly critical to the industry.”
The Argentum transaction marks the fourth acquisition for HMP Global for 2021, continuing a period of accelerated, post-COVID growth for the company.
Corporate Solutions of Westport, Connecticut, was the exclusive advisor to Argentum in arranging, structuring and negotiating this transaction.