CloserStill Media has been named the fastest growing exhibition organiser in Europe, according to the Financial Times’ FT1000 index.
The inaugural report on Europe’s fastest growing companies revealed the organiser’s revenue growth of 184 per cent over three years (between 2012-2015) and a Compound Annual Growth Rate (CAGR) of 41.6 per cent.
There are more than 23 million companies in the EU and CloserStill has been ranked in the top 600 (577th) of all businesses in all sectors of industry. According to the FT, CloserStill ranked just outside the top 100 fastest growing companies in the UK, ranked 110th.
“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 FT’s 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.
“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.
In addition, the organiser won Best Trade Show with its London Vet Show and also Best Trade Show Marketing Campaign with Acute & General Medicine at the 2017 EN Awards.