Leaders League has acquired Closing Circle, a daily news service that focuses on European private equity and venture capital deals. No financial terms were disclosed.
Paris, France – July 29, 2015
Closing Circle (www.closingcircle.com), the digital media dedicated to the European private equity and venture capital community is being acquired by Leaders League, the rating agency and media group for top executives.
Closing Circle was founded by David Chouraqui, an investment professional passionate about tech and innovation. David graduated from HEC Business School and began his career in international business development and M&A. He then worked at private equity firm The Gores Group in London, originating and executing transactions in Europe. Most recently, he has been a business coach and advisor for entrepreneurs.
Launched in 2012, Closing Circle is an updated daily news service about private equity and venture capital transactions, as well as fundraising in Europe. It also provides an online database of investor profiles and a weekly information newsletter.
Since inception, Closing Circle has attracted professionals throughout Europe among investors, financial advisors, consultants, lawyers and entrepreneurs and developed an international community of over 15 000 subscribers, with a strong presence in the UK, France and Germany.
David Chouraqui said: “I think Leaders League is the ideal acquirer to take Closing Circle further. It is an established, fast growing and ambitious media group with an existing set of services dedicated to private equity and corporate finance including events, market intelligence reports and funds & investment banks rankings.”
Pierre-Etienne Lorenceau, CEO at Leaders League, said: “Closing Circle is a strong brand and a reference in the European private equity community with a popular deal news information service. It is a great fit for our group as it will complement our offering and support international growth with its broad deep European footprint.“
Regarding operations, David Chouraqui has transferred the platform and ensured a transition with Leaders League team. “Building Closing Circle has been a great adventure and a personal achievement. I am now excited to pursue new activities”, he said.
About Closing Circle
Launched in 2012, Closing Circle (www.closingcircle.com), the European media for dealmakers, is a platform dedicated to the private equity and venture capital community. With more than 15 000 subscribers and members present in 25 countries, it provides news about private equity and venture capital transactions and fundraising in Europe, an online database of investor profiles and a weekly newsletter.
About Leaders League
Leaders League is a rating agency and media group for top executives at the international level. With more than 130 employees and 3 offices in Latin America, the company is a fast growing media partner for leaders around the world. The firm has built the largest professional event in Europe for private equity funds, corporates and asset managers; The Private Equity Exchange & Awards (www.private-equity-exchange.com). The group also thrives in news and in-depth market reports for CEOs and top executives, as well as deal news on its media platform www.leadersleague.com.