31 March 2015
Inflexion invests in UK’s fastest growing international media and exhibitions company
Law firm Carey Olsen has advised Inflexion Private Equity on the offshore elements of its investment in business-to-business exhibition organiser CloserStill Media Ltd.
The Carey Olsen team, comprising Guernsey partner Andrew Boyce and senior associate James Stockwell, advised on matters involving the establishment of the acquisition structure in Guernsey.
Simon Turner, Managing Partner at Inflexion, said: "We have been following CloserStill for a number of years, attracted by a high-growth, niche business with great fundamentals, excelling under the leadership of a best-in-class management team. It is great that we could offer the right investment solution and we look forward to partnering with the team to accelerate the international trajectory of their business."
Mr Boyce said: "It is always enjoyable to work with the dynamic and entrepreneurial Inflexion team. Our extensive experience in structuring private equity transactions enables us to deal with corporate and regulatory issues quickly and effectively and in so doing assist the client in fulfilling its objectives."
Headquartered in London CloserStill is the UK's fastest growing event organiser, specialising in the healthcare and technology industries. The firm held its first event outside of the UK in 2013 and now generates 20% of its revenue internationally.