ICON Exhibits Merges with Delphi Productions
True North Strategic Advisors, LLC advised ICON Exhibits concerning its merger with Delphi Productions. This transaction was effective March 5, 2009. True North was the lead strategic and financial advisor to ICON Exhibits on this transaction.
Delphi Productions and ICON Exhibits are each, one of America’s premier full service design and production companies in the exhibit and event industry. Delphi and ICON serve national and international customers in a wide range of industries and organizations including aerospace and defense, automotive, broadcast, consumer products, electronics, food and beverage, healthcare, manufacturing, museums and technology. The merger of the two companies increases the geographic coverage of the combined organization and adds services to both customer bases.
The new enterprise will be headquartered in the San Francisco Bay Area – current headquarters of Delphi – and will maintain the production, sales and service operation at ICON’s Fort Wayne, Indiana campus. Company leaders, Justin Hersh of Delphi and Michael Parrott of ICON, remain actively involved with Hersh serving as President and CEO and Parrott as Chairman of the combined businesses.