CloserStill Media

About 

Inflexion’s minority investment into CloserStill Media, a media and exhibitions business, supported eight acquisitions and organic roll-out to boost international revenues 6x before its sale to Providence Equity Partners in 2018. 

Founded in 2008, CloserStill operates content-led exhibitions throughout the UK, Europe, the US and the Far East.

Value acceleration 

During the investment period the business grew significantly, including successful expansion into Asia, Germany and the US. Inflexion supported the company’s eight acquisitions with funding and expertise, and worked with CloserStill to replicate its exhibitions internationally, with the launch of the first successful shows in the US (New York Vet) and Hong Kong (Cloud Asia). Overall, during Inflexion’s investment the number of exhibitions grew by nearly 50% and the proportion of international revenues grew from 20% to 50%. Inflexion’s Asia Pacific presence was crucial in bringing in Alibaba as a contact.