LONDON – CloserStill Media, which runs more than 80 market-leading business exhibitions and trade shows in the learning, healthcare, technology and veterinary sectors with events in the U.K., Europe, U.S. and Asia, had a record year in 2022 with revenues 40% more than in 2019. The company has also expanded and now includes a team of 450.
“It is an exciting time to be a part of CloserStill Media. With the rebound of our business in the U.S. and globally to pre-pandemic levels, it is a true sign of the commitment our people have to our events and each other,” Yancy Weinrich, CloserStill’s President of North America, said. “We are off to a strong start for the year, and I am confident we are positioned for another record-breaking year in 2023. With the U.S. market a primary focus for CloserStill, we will be hyper-focused on increasing our presence through launches, acquisitions and organic growth in our existing events.”
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.
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“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 y.weinrich@closerstillmedia.com; Gareth Bowhill at g.bowhill@closerstillmedia.com
