Current
Commitment:
£25m
Date of investment:
2024
Sector:
Business Services
Buy & Build:
2 Completed Acquisitions
“This is an exciting time for Turnmill, our clients and colleagues. Turnmill has grown in recent years thanks to the hard work of work of our colleagues and the support of our clients, and we look forward to continuing to build on that success. We are delighted to be partnering with Horizon Capital who have a strong track record in supporting companies such as ours to accelerate both organic and acquisitive growth.”
Alex JohnsonCEO - Turnmill
Background
Turnmill is a leading capital markets events business, focused on serving a blue-chip client base of corporates, investors and finance professionals within high growth markets.
Turnmill provides strong value to >8,000 attendees and > 300 corporates across its five leading events, helping clients achieve ROI through maintaining market positioning and presence, networking and meeting customers, and remaining informed on market developments. The market that Turnmill operates in is highly fragmented and driven by strong tailwinds with key market participants having a strong, ongoing need to attend.
Turnmill has delivered impressive organic growth, underpinned by its reputation for high quality conferences, access to senior decision makers in global financial institutions, curated 1-2-1 meetings with sector leading NPS and high retention. The partnership with Horizon will enable Turnmill to continue to build on its strong momentum and supplement further organic growth with acquisitions.
Horizon Capital has worked closely with the team to build upon a strategy of both organic and inorganic growth, supporting the identification and origination of M&A opportunities, execution support and capital for consolidation.
The Journey
Joining the Board alongside Horizon Capital & supporting Alex Johnson as CEO will be Simon Kimble as Chair & Rupert Levy as CFO.
Buy and Build
Horizon Capital has been mapping the financial services events market and therefore has been able to leverage this sector knowledge and network to benefit Turnmill, building a strong pipeline of accretive acquisition targets alongside management’s extensive network.
News & Insights
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