London conference specialist to boost global growth with management buyout

A London-based conference organiser and information services provider has undergone a management buyout backed by private equity firm Graphite Capital.

Hanson Wade, which specialises in conferences for the pharmaceutical, biotech, construction, engineering and human resources sector, is being led by chief executive Tom Richardson following the buyout.

Based in London, the company generates the majority of its revenues in the US - where the addressable market is estimated at over $700m - and aims to capitalise on the growing global conference market.

The firm’s founder Sarah McCaldin has reinvested in the company, with Sarah remaining on the board as a non-executive director.

Hanson Wade’s chief executive Tom Richardson commented: “We have been impressed by Graphite’s track record of growing innovative businesses, its understanding of the industry and its partnership approach to working with management teams.

“Graphite shares our vision for the future and its expertise will be invaluable as we further expand the business internationally.”

Graphite partner Humphrey Baker added: “The Hanson Wade management team has developed a differentiated model that enables the business to identify and respond to trends within its target markets, expanding the range of conferences it produces to gain first-mover advantage in attractive new niches.

“We look forward to working with Tom and his team to grow the business in the coming years.”

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