M&A

Live events: Milan’s Superstudio takes Manhattan by storm

A majority stake in Spring Studios New York has been acquired. Global expansion plan gets under way: the target is $240 million in revenue over five years

Gli spazi di Spring Studios New York, a TriBeCa

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

From Via Tortona in Milan to one of Manhattan’s most vibrant neighbourhoods, TriBeCa. Superstudio Events – one of Milan’s leading groups in the live events sector – has acquired a majority stake in Spring Studios New York, the company that manages one of the Big Apple’s most prestigious venues dedicated to events.

A decisive step in Superstudio’s development strategy: founded in the 1970s as a professional hub dedicated to photography, it has grown over time to become a key venue for the major creative events in the Lombard capital, particularly during Fashion and Design Weeks. It also serves as confirmation of the competitiveness of the ‘Milan’ brand and of ‘Made in Italy’ more generally, both of which have established themselves on the international stage within their respective sectors.

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Operation Manhattan

“The idea of expanding into New York originated several years ago: as early as 2018, we began visiting potential venues, but finding a suitable location in Manhattan is extremely difficult,” says Tommaso Borioli, CEO of Superstudio Events. Then came the pandemic and the crisis in the live events sector, and the project was temporarily put on hold.

In 2024, the meeting with Spring Studios – a well-established name on the New York scene – and the realisation that this was, at last, the right partner. “Complex negotiations began and, after two years, we finally succeeded,” adds Borioli. Superstudio has acquired 51 per cent of the Spring Group’s TriBeCa events business (excluding the group’s other divisions), with a commitment to acquire the remaining 49 per cent within two years. With this transaction, the Milan-based company’s combined annualised revenue for 2025 rises to 75 million euros.

The ‘boom’ in in-person events

And this is just the beginning, explains Borioli: the group’s growth strategy aims to transform Superstudio ‘from one of Italy’s leading private events companies into a global operator in the experiential sector’, a trend fuelled by the golden age currently being enjoyed by the live events sector and, in particular, by in-person brand experiences, with brands increasing their investment in ‘in-real-life’ experiences. Luxury fashion houses, corporate clients and technology leaders are increasingly turning to major events and live experiences to strengthen their brand value.

Superstudio’s growth plans

Against this backdrop, Superstudio’s international development plan is ambitious, and TriBeCa provides an excellent springboard. From here, ‘we intend to extend our integrated, world-class approach to events, reaching the world’s most influential cultural and financial capitals’, adds Borioli: Paris (where negotiations are already underway), London and the major Asian cities that host high-profile events linked to creativity and innovation, fashion and design. The strategic plan envisages the addition of 10–15 high-profile venues over the next five years, with the aim of achieving annual revenue of around 240 million dollars within five years. This also presents an opportunity for Italian brands – starting with those that are already Superstudio clients – who will be able to benefit from an international platform offering extremely high visibility.

But this growth strategy also extends to Italy, with the launch last April of a new venue on the Milan scene, in the Bovisa district, and two recent acquisitions: in 2025, the acquisition of Audiolux (one of the national leaders in audio, video and lighting services), thanks to which Superstudio recorded $45 million in revenue, up 95 per cent on 2024. This year saw the acquisition of Ephoto, a Milan-based company specialising in the production of visual content for the fashion and luxury sectors.

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