Providence Equity Partners to acquire CloserStill Media from Inflexion and NVM.

Providence Equity Partners have signed an agreement to invest in CloserStill Media, one of the world’s leading independent organisers of trade shows and events. Providence agreed to acquire a majority stake from Inflexion Private Equity, NVM Private Equity and management. Financial terms were not disclosed. “CloserStill is an exceptional business led by a strong management team with a proven track record of developing and acquiring successful events around the world. With a compelling global portfolio and diverse customer base across the technology, learning and healthcare sectors, CloserStill is well-positioned to accelerate the momentum the business has generated to date. We are excited to partner with such a fantastic team and look forward to working together.” Andrew Tisdale, Providence Managing Director.