SmithBucklin explained

Smithbucklin
Ceo:Matt Sanderson
Industry:Association management
Area Served:United States
Location City:Chicago, Illinois, US
Launch Date:1949

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 at Chicago's former IBM Building, 330 N. Wabash Ave., under a 15-year lease that was set to begin in 2013.[11]

Acquisitions

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

External links

Notes and References

  1. Web site: 5 Questions for Smithbucklin President Matt Sanderson – PCMA Convene. www.pcmaconvene.org. May 2016. 2016-05-30.
  2. Web site: American Capital Invests $17 Million In World's Largest Association Management and Professional Services Company. Ltd.. American Capital Strategies. www.prnewswire.com. 2016-05-30.
  3. Web site: Former IBM Building signs SmithBucklin. Crain's Chicago Business. 29 December 2011. 2016-05-30.
  4. Book: Duckworth, Holly. Ctrl+Alt+Believe. BalboaPress. 2014. 978-1504325233. 78.
  5. Web site: About SmithBucklin Association Management SmithBucklin. www.SmithBucklin.com. 2016-05-31.
  6. Web site: Illinois Chapter of The ESOP Association.
  7. 2004-09-01. Community mourns for SmithBucklin co-founder.(Headlines)(Brief Article)(Obituary). https://web.archive.org/web/20160910061801/https://www.highbeam.com/doc/1G1-122661994.html. dead. 2016-09-10.
  8. News: SmithBucklin: Solving The Chicken-And-Egg Riddle Of Employee Ownership. https://web.archive.org/web/20141120150611/http://www.forbes.com/sites/maryjosephs/2014/06/11/smithbucklin-solving-the-chicken-and-egg-riddle-of-employee-ownership/#66bd0593c68f. dead. November 20, 2014. Josephs. Mary. Forbes. 2017-12-26. en.
  9. Web site: Svoboda, Collins L.L.C. Completes Sale of SmithBucklin. www.svoco.com. 2016-05-30.
  10. Web site: SmithBucklin: Solving The Chicken-And-Egg Riddle Of Employee Ownership. https://web.archive.org/web/20141120150611/http://www.forbes.com/sites/maryjosephs/2014/06/11/smithbucklin-solving-the-chicken-and-egg-riddle-of-employee-ownership/#22705d3d379e. dead. November 20, 2014. Josephs. Mary. Forbes. 2016-05-31.
  11. Web site: Former IBM Building signs SmithBucklin. Crain's Chicago Business. 29 December 2011. 2016-05-31.
  12. Web site: SmithBucklin Acquires PR Firm Tech Image Ltd. Bulldog Reporter. www.bulldogreporter.com. 2016-05-31.
  13. Web site: SmithBucklin Acquires The France Foundation. 14 Jul 2011. www.SmithBucklin.com.
  14. Web site: SmithBucklin Acquires Inventures, Inc. > Inventures. www.inventures.com. 2016-05-31.
  15. Web site: SmithBucklin Acquires The Townsend Group. 4 Jun 2015. www.SmithBucklin.com.
  16. Web site: SmithBucklin Acquires SDI. www.SmithBucklin.com. 2016-05-31.
  17. Web site: SmithBucklin SmithBucklin Acquires 360 Live Media . www.smithbucklin.com . dead . https://web.archive.org/web/20190709154030/https://www.smithbucklin.com/news/smithbucklin-acquires-360-live-media/ . 2019-07-09.