U.S./Singapore, 31st July: This week, the U.S.-based Professional Convention Management Association (PCMA) announced the acquisition of the Incentive, Conference & Event Society Asia Pacific (ICESAP). No financial details of the deal were released.
ICESAP is based in Singapore and provides education, career development and networking opportunities for event organisers, agencies and industry suppliers in the Asia Pacific business events sector.
Following the acquisition, ICESAP will continue to operate under the ICESAP brand and the ICESAP staff at the Singapore headquarters will be retained. ICESAP President Nigel Gaunt will continue to lead the organisation. ICESAP will be responsible for “strengthening the role of intermediary agencies in the region.”
Nigel Gaunt Founder & President of ICESAP, commented, “I am delighted with PCMA’s acquisition of ICESAP. It represents the best possible future for our society. ICESAP will continue delivering on our commitment to agency accreditation, member education and most importantly, advocacy for the benefits the sector brings to the businesses and economies of Asia Pacific. A stronger ICESAP under PCMA is a win-win and will define our actions in the years ahead.”