Emerald Holding, Inc. (NYSE:EEX) acquired all assets of Lodestone Events, LLC on January 9, 2023. All Lodestone employees will join the Emerald team, with Lodestone founders Lindsay Hubley and Jessica Kirchner joining Emerald's management team and continuing to lead the Overland Expo series. The team will also oversee Emerald's previously announced Outdoor Adventure X show, Emerald's new consumer lifestyle event for the outdoor recreation enthusiast.

Emerald Holding, Inc. (NYSE:EEX) completed the acquisition of all assets of Lodestone Events, LLC for $10.2 million on January 9, 2023. As part of the asset purchase agreement, Emerald Holding also assumed certain liabilities of Lodestone Events. The purchase price, including working capital adjustment consists of $10.2 million, which included an initial cash payment of $9.5 million and contingent consideration with an estimated value of $0.7 million. The contingent consideration liability related to the acquisition consists of a potential payment based on Lodestone's average annual EBITDA during the period from January 1, 2025 through December 31, 2026. The payment is expected to be settled in the second quarter of 2027.The Emerald funded this transaction with cash from operations.