Launches & Acquisitions

18 Jan 2023

CloserStill Media Makes Majority Investment in CommerceNext in New Partnership

CloserStill Media Makes Majority Investment in CommerceNext in New Partnership
London, 18th January 2023: CloserStill Media, the producer of market-leading business events, exhibitions and conferences, today announced it has purchased a majority stake in CommerceNext, a leading U.S. based company highly focused in ecommerce conference production and community building.

CommerceNext will retain its existing operating structure with co-founders Scott Silverman, Veronika Sonsev and Allan Dick leading the business and working alongside CloserStill Media’s U.S. branch led by Yancy Weinrich, President, North America.

“We are delighted to be bringing the CommerceNext U.S. conferences and events business into CloserStill Media U.S. We run successful ecommerce events in the UK, Singapore and Spain, so, this will allow the teams at CommerceNext and CloserStill Media to collaborate globally with the content, commercial sales and audience development,” said Yancy Weinrich, President for North America at CloserStill Media U.S. “This partnership will add even more firepower to the already successful events around the country.”

The CommerceNext team has a community-led portfolio which delivers a powerful event series and conference for marketers at retail and direct-to-consumer brands. CommerceNext was founded in 2017 by Veronika Sonsev, Scott Silverman and Allan Dick, who between them have more than thirty years of experience in the ecommerce and marketing technologies industries. Within six years, the team successfully developed an engaged community through delivery of custom content and B2B events.

“Joining forces with CloserStill Media gives CommerceNext the resources to deliver even more amazing conferences and events for our growing community of ecommerce executives,” said CommerceNext co-founders Scott Silverman, Veronika Sonsev and Allan Dick. “We look forward to tapping into CloserStill Media’s deep experience in delivering best-in-class business conferences to bring more value to the CommerceNext community.”

CommerceNext produces highly-rated ecommerce conferences and events including its annual summit, The Ecommerce Growth Show, as well as webinars, executives dinners, curated networking events and industry research. Net Promoter Scores (NPS) for its annual summit far exceed industry averages and consistently top 50.

CommerceNext consistently delivers critical content and networking opportunities to its community of ecommerce and marketing leaders — even through the Covid-19 pandemic where it launched and grew a number of virtual events to keep its community connected and informed as the ecommerce industry experienced dramatic changes.

The Ecommerce Growth Show, CommerceNext’s annual summit, will be held on 20-21 June, 2023 at the New York Hilton Midtown.

About CommerceNext

CommerceNext is a community, event series and conference for marketers at retail and direct-to-consumer brands. In addition to the annual CommerceNext Ecommerce Growth Show and the esteemed CommerceNexty Awards program, CommerceNext also produces and hosts podcasts, webinars, industry research, an executive dinner series and an online community. Inc. Magazine named CommerceNext to the Inc. 5000 list of fastest-growing private companies in 2022 and also included the CommerceNext Ecommerce Growth Show in their list of the Top 5 e-commerce conferences for 2019/2020. The next CommerceNext summit takes place June 20-21, 2023, at the New York Hilton Midtown. To learn more about CommerceNext, visit https://commercenext.com.

About CloserStill Media

CloserStill Media specialises in high-value, content-driven events and the nurturing of B2B or professional communities. The company operates events across a wide range of vertical sectors in the U.S., Europe and Asia, with operations in the U.K., New York, California, Germany, Spain and Singapore. Our portfolio includes some of the fastest-growing and multi award-winning events, including DevLearn, London Vet Show, Data Centre World, Tech Week London, eCommerce Expo, E-Show Madrid, New York Vet, The Pharmacy Show, Learning Technologies, and The Dentistry Show.

CloserStill is the fastest-growing exhibition organiser in international markets according to the eighth annual Sunday Times International Track 200. In addition, the Financial Times FT1000 Index named CloserStill the fastest growing exhibition organiser in Europe. CloserStill's ranking is the highest of any exhibition organiser since the Sunday Times Fast Track series inception.

In the last 10 years, CloserStill has been repeatedly recognised as a leading innovator, with its teams and events winning multiple awards (over 70 in total) including Best Marketing Manager—five years in succession—Best Trade Show, Best Launch Exhibition, Best Brand Extension, Rising Star—two years in succession—Best Operations Manager, Best Sales Person, Management Team of the Year and was voted 'Most Respected Company of the Year' at the 2016 Association of Event Organisers Excellence Awards.

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