CloserStill Media, a London, England, UK-based independent organizer of trade shows and events, received an a majority investment from Funds advised by Providence Equity Partners.
Providence acquired a stake from Inflexion Private Equity, NVM Private Equity and management.
Phil Soar and Phil Nelson, co-founders of CloserStill, as well as the broader management team, will remain major shareholders alongside Providence. Financial terms of the transaction were not disclosed.
Founded in 2008 and led by Philip Soar, Chairman & CEO, CloserStill is an exhibitions business, operating a portfolio of global brands in the technology, learning and healthcare sectors. Flagship events include the London Vet Show, Cloud Expo Asia, Data Centre World, The Pharmacy Show, Learning Technologies and The Dentistry Show.
Today, the company has a team of over 270 employees across a global network of offices in London, Paris, New York, California, Berlin, Singapore and Hong Kong.