Events. The private equity-owned Closer Still Media, the organiser of eCommerce Expo in the UK and in Asia, has acquired two further eCommerce shows in Spain from EWorld. The events are based in Madrid (next in October) and Barcelona. The 1-2-1 eForum events held biannually were also acquired. The £2.6m total earnout price includes £1.2m of cash upfront.
Closer Still’s complementary events across Europe and Asia attract 75,000 attendees annually. The 11-year-old company, which also operates in the veterinary, data and medical markets internationally and was founded in the UK by Phil Soar, was acquired in 2018 by Providence Equity Partners, reportedly for £340m.
