Irish events company Davis Experience and Events have agreed a deal to buy Whitelight Events, marking the first deal of its kind for the company.
The acquisition is expected to see the creation of up to 10 new roles over the next two years.
Today's deal will enable both companies to expand their client services and offerings, while also supporting ambitious growth plans for the future.
Davis works with global brands and corporate clients to deliver hundreds of internal events each year, and has produced high-profile occasions including Culture Night and Ireland's New Year's Festivals.
The company serves clients across the US, UK, mainland Europe and Canada and it employs 21 full-time staff and recorded turnover last year of €5m.
Whitelight Events was founded in 2012 by Con O'Donoghue and Karen Devine. The company's include the National Lottery, Fingal County Council, Local Enterprise Offices, the Department of Children, Disability and Equality and Research Ireland.
The CEO and founder of Davis Experience and Events, Paul Davis, said today’s announcement marks an important milestone for the business.
"Con and Karen have done an incredible job building Whitelight Events from the ground up. I have witnessed first-hand the outstanding results they deliver and the reputation they have earned across the industry," he said.
"Bringing Whitelight Events into the Davis group allows us to expand our client offering across all operations and further develop our exciting and ambitious plans for the future," he said.
The Managing Director of Whitelight Events, Con O'Donoghue, said he is looking forward to the next phase of the company’s journey.
"We've known Paul and the Davis team for many years and have great respect for both his approach and what he has built.
"Paul’s vision and leadership are widely recognised within the industry, and we're confident that joining the Davis group will support Whitelight's continued growth while maintaining the first-class service our clients have always enjoyed," he added.