Hanley Wood Signs Letter of Intent to Purchase the Mason Contractors Association’s Masonry Showcase
Hanley Wood has signed a letter of intent with the Mason Contractors Association of America (MCAA) to purchase the Masonry Showcase, the MCAA’s annual tradeshow held as part of its convention.
The move will benefit the masonry industry by combining the two companies’ resources and making Hanley Wood’s World of Masonry the masonry industry’s premier event.
"We are very excited about the opportunity to work with the leading masonry association," said Tom Cindric, Director of World of Masonry. "The masonry industry has been asking for one event, and this combined event would make that request a reality."
The proposed transaction provides that the MCAA will hold its annual convention (January 21- 25, 2008) concurrently with the World of Masonry, which will next be held January 22-25, 2008 in Las Vegas. The World of Masonry is held each year within the World of Concrete, the commercial construction industry’s largest annual international event.
MCAA will also participate in the World of Masonry by holding the Fastest Trowel Competition and Skills Challenge, and serving as an Educational Partner with the World of Masonry Seminar Program, where it will conduct specific educational activities like the Masonry Foreman Development Course and Masonry Quality Institute (MQI) Seminar.
Founded in 1976, Hanley wood is a $250 million company owned by affiliates of JPMorgan Partners, LLC. CCMP Capital Advisors manages the Hanley Wood investment for JPMorgan Partners.
About the Author
Steven Pomerantz is the Marketing Manager for Informa Exhibitions U.S., Construction and Real Estate and the World of Concrete.