Memphis-based experiential agency LEO Events, which produces corporate meetings, festivals and large-scale brand activations, was acquired on Friday, May 1, by the Hoffmann Family of Companies. The hometown firm now joins a family-owned portfolio that has been steadily scooping up businesses across hospitality, transportation and media. Financial terms were not disclosed.
According to the Daily Memphian, LEO confirmed the sale, and the outlet noted that the agency has handled high-profile programs such as Walmart’s annual shareholder meeting. The reporting also said LEO employs more than 100 full-time staffers across several Tennessee offices.
Hoffmann, a Naples-based family investment firm, describes itself on its website as a multi-vertical, family-owned company that oversees “22,000+ People in HF Businesses” and more than 400 locations across 30 countries, according to the Hoffmann Family of Companies. The firm’s site highlights partnerships with management teams that prioritize customer and employee experience, language that suggests Hoffmann intends to keep operating teams and local leadership in place…