Purchase of Convene Green Alliance (CGA)
1.What is the Convene Green Alliance?
The Convene Green Alliance (CGA) is a grassroots membership organization founded in 2008 with a mission to provide education, share real-world experiences, and leverage the collective voice and buying power of all CGA members to lessen the environmental impact of associations and the meetings/events they sponsor. The CGA was founded as a Limited Liability Corporation and was governed by executives of IMN Solutions, an association, foundation and meeting management company. ASAE will determine the future structure for the organization.
2.Why is ASAE purchasing the CGA from IMN Solutions?
ASAE has a longstanding commitment to environmental sustainability and social responsibility, and adding the CGA to its portfolio enhances this area of service to the association and meetings profession.
3. Why is IMN Solutions selling the CGA?
The CGA has grown to more than 1,000 members and 40 corporate partners in less than three years, and now offers a robust set of programs. The best interests of the CGA and its members will be served through ASAE’s powerful brand and resources, which will allow the organization to continually grow its social responsibility offerings.
4. What was the sale price?
As is the case with many other business transactions, the sale price of this agreement is confidential.
5. How does this purchase enhance ASAE member benefits?
ASAE members will have direct access to the programs and resources of the CGA that will help them make their meetings more environmentally sustainable.
6. What dues do CGA members pay?
Association professionals who belong to the CGA receive complimentary membership. They became members by participating in CGA programs. CGA corporate partner members pay dues based on their level of involvement and exposure in the CGA.
7. Who will staff the CGA?
After assessing the CGA programs and resources, ASAE will determine how the organization will be staffed and structured.
8. How do the CGA corporate members feel about the sale?
In a series of conversations recently conducted by the IMN Solutions staff, the CGA members have expressed their enthusiasm and support for the acquisition of the CGA by ASAE. CGA members recognize that the resources and exposure of ASAE will enhance the value of their involvement and commitment to social responsibility.
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