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SmithBucklin

From Wikipedia, the free encyclopedia
Smithbucklin
Headquarters
Chicago, Illinois, US
Area servedUnited States
CEOMatt Sanderson
IndustryAssociation management
URLwww.smithbucklin.com
Launched1949

Smithbucklin, based in Chicago, is an association management company,[1][2][3][4] founded in 1949 with secondary offices in Washington, D.C.; Old Lyme, Connecticut; St. Louis, Missouri; and San Ramon, California.[5]

William E. Smith started the company with nine client organizations—headlined by the Popcorn, Seed Pea and Frozen Potato Products Institutes—and just 22 employees.[6] On July 24, 2004, Smith died at age 90.[7]

During the Dot-com bubble of 1997–2001, some of Smithbucklin's client associations encountered "painful" financial cutbacks.[8]

On June 29, 2005, the company became employee-owned.[9][10]

In 2011, Smithbucklin contracted for 111,081 sq ft (10,319.8 m2) at Chicago's former IBM Building, 330 N. Wabash Ave., under a 15-year lease that was set to begin in 2013.[11]

Acquisitions

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Acquisitions have fueled Smithbucklin's recent growth, including public relations firm Tech Image Ltd. (2007);[12] medical education provider The France Foundation (2011);[13] stakeholder-alliance firm Inventures Inc. (2013);[14] ad-sales firm The Townsend Group (2015);[15] incentive-travel company SDI (2016);[16] and live-event experience design agency 360 Live Media (2018).[17]

See also

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References

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  1. ^ "5 Questions for Smithbucklin President Matt Sanderson – PCMA Convene". www.pcmaconvene.org. May 2016. Retrieved 2016-05-30.
  2. ^ Ltd., American Capital Strategies. "American Capital Invests $17 Million In World's Largest Association Management and Professional Services Company". www.prnewswire.com. Retrieved 2016-05-30.
  3. ^ "Former IBM Building signs SmithBucklin". Crain's Chicago Business. 29 December 2011. Retrieved 2016-05-30.
  4. ^ Duckworth, Holly (2014). Ctrl+Alt+Believe. BalboaPress. p. 78. ISBN 978-1504325233.
  5. ^ "About SmithBucklin Association Management | SmithBucklin". www.SmithBucklin.com. Retrieved 2016-05-31.
  6. ^ "Illinois Chapter of The ESOP Association" (PDF).
  7. ^ "Community mourns for SmithBucklin co-founder.(Headlines)(Brief Article)(Obituary)". 2004-09-01. Archived from the original on 2016-09-10. {{cite journal}}: Cite journal requires |journal= (help)
  8. ^ Josephs, Mary. "SmithBucklin: Solving The Chicken-And-Egg Riddle Of Employee Ownership". Forbes. Archived from the original on November 20, 2014. Retrieved 2017-12-26.
  9. ^ "Svoboda, Collins L.L.C. Completes Sale of SmithBucklin". www.svoco.com. Retrieved 2016-05-30.
  10. ^ Josephs, Mary. "SmithBucklin: Solving The Chicken-And-Egg Riddle Of Employee Ownership". Forbes. Archived from the original on November 20, 2014. Retrieved 2016-05-31.
  11. ^ "Former IBM Building signs SmithBucklin". Crain's Chicago Business. 29 December 2011. Retrieved 2016-05-31.
  12. ^ "SmithBucklin Acquires PR Firm Tech Image Ltd. | Bulldog Reporter". www.bulldogreporter.com. Retrieved 2016-05-31.
  13. ^ "SmithBucklin Acquires The France Foundation". www.SmithBucklin.com. 14 Jul 2011.
  14. ^ "SmithBucklin Acquires Inventures, Inc. > Inventures". www.inventures.com. Retrieved 2016-05-31.
  15. ^ "SmithBucklin Acquires The Townsend Group". www.SmithBucklin.com. 4 Jun 2015.
  16. ^ "SmithBucklin Acquires SDI". www.SmithBucklin.com. Retrieved 2016-05-31.
  17. ^ "SmithBucklin | SmithBucklin Acquires 360 Live Media". www.smithbucklin.com. Archived from the original on 2019-07-09.
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