The Sunday Times has ranked CloserStill Media Group in the Top 100 fastest growing exporting companies in its annual International Track 200.
The eighth annual Sunday Times International Track 200 ranks Britain’s mid-market private companies in order of fastest growing international sales. The sales growth was measured by the companies’ latest two years of accounts.
CloserStill was ranked 100th with an compound annual growth rate(CAGR) of 42 per cent over last two years, with international sales of just under £9m, out of total sales of £36.5m in 2016.
The news comes a few weeks after the Financial Times FT1000 Index named CloserStill the fastest growing exhibition organiser in Europe, according to the FT1000 index report with revenue growth of 184 per cent over the three years and a Compound Annual Growth Rate(CAGR) of 41.6 per cent.
Since its foundation in 2008, CloserStill now has more than 30 events across the technology, healthcare and education sectors in UK and international markets including the United States, Germany, France, Singapore and Hong Kong.
Since its backing from private equity investor Inflexion’s Partnership Capital in early 2015, CloserStill’s event portfolio has been focussed on the expansion of its event brands in key global markets.
This month the company staged its cluster of technology shows in Hong Kong which saw its revenues double and delivered an audience increase of more than 60 per cent in its second year to more than 9,000 delegates.
The Closerstill Group, which now more than 200 employees in six locations globally, recently opened offices in New York and Paris and in 2017 has successfully launched its leading event brand for the veterinary profession in the United States and Germany.