Jamieson is delighted to announce that it has advised the Management team of CloserStill Group on the sale of the business to Providence Equity Partners (“Providence”) with Phil Soar and Phil Nelson, co-founders of CloserStill, as well as the broader management team, remaining major shareholders in the new structure.
CloserStill is a leading business trade show operator focusing on the healthcare, learning and technology sectors. Founded in 2008, CloserStill operates a portfolio of some of the fastest-growing, award-winning events, including: the London Vet Show, Cloud Expo Europe, Data Centre World, The Pharmacy Show, Learning Technologies and The Dentistry Show. In both 2018 and 2019 CloserStill was chosen as one of the "Sunday Times best 100 companies to work for".
Phil Soar said: "The Jamieson team was quite magnificent. It is a cliche to say we could not have done it without them, but it is not a cliche to say that the outcome for our 171 employee shareholders was significantly enhanced by the non-stop efforts of Jamieson. Laura, in particular, was on call 7 days a week 24 hours a day and it is simply not possible to find words which do justice to their efforts on our behalf. I would enthusiastically recommend them at any time, in any situation, to anyone seeking to sell a business."
Stuart Coventry, Laura Yell and Jack Yang advised the Management team on the sale process, their re-investment alongside Providence and their new equity incentive arrangements.