We are advising the lenders on the financing

Davis Polk is advising the initial lenders in connection with the financing for Searchlight Capital’s investment in CloserStill Media alongside Providence Equity Partners.

Searchlight’s investment will help drive CloserStill’s continued expansion across three key areas: further consolidation of the fragmented global events market through targeted bolt-on acquisitions; the launch of new events in adjacent high growth sectors; and continued investment in the company’s digital and sales platforms to deepen year-round customer engagement.

CloserStill Media is a leading global organizer of specialist business-to-business events, operating a market-leading portfolio across sectors including technology, healthcare, learning and HR, and future transport and infrastructure. Its flagship events include Ai4, the global Tech Show portfolio, the London Vet Show, Data Centre World, PTE World, Learning Technologies and The Dentistry Show.

Searchlight Capital is a global private investment firm focused on investing in companies across North America and Europe. The firm has raised in excess of $18 billion in assets under management.

The Davis Polk finance team includes partner Nick Benham, counsel Phil Anscombe and associates Ludovico Giannotti, Zoe Zimmermann and Alexander Wright. Partner Gordon Milne and associate Federica Camilleri de Marco are providing mergers and acquisitions advice. The tax team includes partner Dominic Foulkes and counsel Nathan Langford. All members of the Davis Polk team are based in the London office.

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