L&T acts for the shareholders of multi-sector events business Partnership Network Events on its sale to CloserStill Media

8th October 2024

Lee & Thompson is delighted to have leveraged its long-standing expertise in the Live Events sector in advising the owners of multinational hosted-buyer events company Partnership Network Events (PNE) on the sale of a majority stake to CloserStill Media.

Lee & Thompson’s Head of Corporate, Partner Malcolm Murray and Associate George Nicolaides acted for UK-based PNE’s founder and CEO, Jack Jacob and COO, Dean Finnegan, on the deal which sees the 50-strong PNE team forge a partnership with CloserStill Media to enhance its offering of high-value, content-driven events and conferences that nurture the public sector, healthcare and education sectors communities in global markets including those undergoing significant innovation.

Jacob said: “PNE is a real kitchen table start up success story, and it fills me with immense pride that we are now going into this next phase of PNE’s growth within the CloserStill group. Dean, the wider team and I have worked incredibly hard over the past seven years to get to this already remarkable point. This exciting partnership will help our team to establish PNE as the global leader in the hosted buyer space and reach new heights with product diversification, enabling our growth to skyrocket.”

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