Boathouse Capital Wins ACG “Deal of the Year” for Convene
July 17, 2014
Boathouse Capital and OFS Capital Corporation are pleased to announce that their growth capital investment in Convene was awarded “Deal of the Year” for its size and type category at last month’s 2014 ACG New York Champion’s Awards Gala in New York.
Headquartered in New York, NY, Convene (www.convene.com) is a rapidly growing developer and operator of urban day conference centers in New York City and Northern Virginia. Convene provides an outsourced model for meetings, conferences, board sessions, investor presentations, corporate gatherings and training needs. Its suite of services includes meeting and collaboration space along with staffing, audiovisual, catering and conference planning support.
After receiving the award, Steve Gord, Partner at Boathouse Capital said, “We are extremely pleased with Convene’s continued success in being a first mover and solving a real market need. With the help of our capital, the Convene team has shown they have a keen ability to successfully select new locations for expansion.”
Peter Rothschild at OFS Capital Management also commented, “In less than a year, Convene has increased its footprint from three facilities to five, including its newest conference center in the greater Washington D.C. area. The business model has proven to be a valuable service to Convene’s customers, and we look forward to supporting the Company as it continues its national expansion.”