Headquartered in the U.K., the majority of revenue is international, with the group operating out of major hubs in London, New York and Singapore and with further operations across continental Europe and the U.S. CloserStill now employs 450 people, which is significantly up from before the pandemic.
“We are delighted with our performance in 2022. We have seen a full recovery in our business across almost all of our markets in 2022, allowing us to grow above expectations,” Gareth Bowhill, CloserStill CEO, said. “This is a testament to our disciplined strategic sector focus across technology and healthcare markets, to the strength of the positioning of our events, and to the quality and commitment of our people over what has been an extremely challenging few years for our business and the industry as a whole.”
CloserStill started 2023 by making two acquisitions, New York-based CommerceNext, a U.S.-based company focused on ecommerce conferences and community, and London-based OpenRoom, which creates healthcare and retail events worldwide.
“We are also very encouraged by our early activity in 2023. We are very focused on pursuing a number of organic initiatives across the group, which has already seen us launch eight new events in the last 12 months, as well as continuing to nurture a strong M&A pipeline which should deliver further acquisitions in the coming months,” Bowhill said.
Reach Yancy Weinrich at [email protected]; Gareth Bowhill at [email protected]