Headquarters | Chicago, Illinois, US |
---|---|
Area served | United States |
CEO | Matt Sanderson |
Industry | Association management |
URL | www |
Launched | 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 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 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]
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An association management company, or AMC, provides management and specialized administrative services to non-profit trade associations and professional associations using a for-profit approach. Many AMCs serve as an organization's headquarters, managing day-to-day operations and becoming the public face of the organization.
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Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.
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