One10 Expands Portfolio with Investment in Leading Chicago-Based Incentive Travel and Event Provider, Gavel International

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MINNEAPOLIS--(BUSINESS WIRE)--Dec 9, 2024--

One10 LLC (“ One10 ”), a leader in performance improvement solutions, announced the strategic investment in Gavel International (“ Gavel ”), a Chicago-based leader in incentive and travel solutions. This partnership marks a key milestone in One10’s strategic growth, expanding its offerings in key solution areas and strengthening its market position.

The investment allows Gavel to align with One10’s brand and leverage its proprietary incentive and recognition technology while supporting Gavel’s goal to expand its product suite. One10 offers end-to-end solutions in marketing services, training, incentives, recognition, and travel and event management. The financial details of the transaction were not disclosed.

“It has always been our strategy to identify leading companies that share our values,” said Bob Miller, President and CEO of One10. “Gavel and One10 are united by a shared commitment to serving our clients by supporting and engaging our talented employees. Gavel has a proven track record of building strong client relationships through exceptional service, creating new opportunities for employees and clients alike.”

Gavel’s client service teams, known for their industry expertise and passionate delivery, provide comprehensive support for programs and events designed to motivate and inspire success.

Gavel’s managing partners, Jeff Richards and Jim Bozzelli, shared their enthusiasm for the partnership. “The synergy between our companies will greatly benefit clients,” said Bozzelli. Richards added, “In addition to our expert team, we bring Gavel Edge, our proprietary meetings and events software, one of the most powerful and versatile platforms in the industry. We are proud to share this with One10.”

One10 operates across North America and leverages a global partner network of suppliers to deliver its solutions.

For more information, visit one10marketing.com and gavelintl.com.

About One10

One10 LLC is a leader in incentives and recognition, travel and events, and marketing services across the U.S. and Canada. The company offers software solutions to enable and engage corporate employees, salespeople, and channel partners. One10’s global rewards, prepaid solutions and products help some of the world’s most admired brands improve engagement and drive results. One10 is backed by Bow River Capital, a private alternative asset manager based in Denver, Colorado.

Bow River Capital Evergreen Fund is distributed by Foreside Financial Services, LLC, which is not affiliated with Bow River Capital or its affiliates.

About Gavel International

Founded in 1985, Gavel International is a leader in meeting and incentive management services, excelling in the creation, management, and execution of conferences, incentive programs, and virtual/hybrid events.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241209387977/en/

CONTACT: Mary Prevost, Prevost Partners

[email protected], 612-202-3047

KEYWORD: ILLINOIS MINNESOTA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY TOURIST ATTRACTIONS OTHER TRAVEL LODGING DESTINATIONS TRAVEL CONSULTING ASSET MANAGEMENT PROFESSIONAL SERVICES MARKETING SOFTWARE CRUISE COMMUNICATIONS DATA MANAGEMENT

SOURCE: One10 LLC

Copyright Business Wire 2024.

PUB: 12/09/2024 10:00 AM/DISC: 12/09/2024 10:00 AM

http://www.businesswire.com/news/home/20241209387977/en

 

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