The events company behind Trade Days, the OT Show and Health+Care has been ranked as one of Europe’s 600 fastest growing businesses and the 110th fastest growing of all UK companies.
The Financial Times’ latest FT1000 index, lists Europe’s quickest expanding companies and out of 23 million companies in the EU, CloserStill has been ranked 577 overall.
The rankings were based on revenue/sales growth over three years between 2012-2015.
CloserStill reported revenue growth of 184% over the three years and a Compound Annual Growth Rate of 41.6%.
The Financial Times ranking comes after CloserStill Media was placed 10th in the Sunday Times International Track 200 index, which ranks Britain’s mid-market private companies with the fastest-growing international sales, based on their latest two years of available accounts.
CloserStill’s ranking is the highest of any exhibition organiser since the Sunday Times Fast Track series inception in 2011.
Since its foundation in 2008, CloserStill now has more than 30 events across the technology, healthcare and education sectors in UK and international markets.
“Our unique ownership structure, where our staff and management own the majority of the equity in the business, combined with our innovative and disruptive business model, has allowed us to rewrite the rulebook on organic growth both here in the UK and internationally,” said Philip Soar, CloserStill’s executive chairman.
The company has grown from around 12 employees in 2008 to an international headcount in excess of 180 and the company says it is accelerating organic growth through further international launches of its event brands and is actively targeting acquisitions in key markets across Europe, Asia and North America. It has recently completed two acquisitions in the learning technologies sector in Singapore and France.
“We are delighted with the recognition the company has received from the Sunday Times, and we hope to stay near the top of the rankings for the next few years as we deliver our growth story,” added Soar.