Turnmill Expands Portfolio with Strategic Acquisition of Dealmakers Forums
Deal News | Feb 03, 2025 | Horizon Capital
Turnmill Limited, a leader in global marketplace events for financial services, reports a significant year with over 30% organic growth post-investment from Horizon Capital. They have augmented this growth with the strategic acquisition of Dealmakers Forums LLC, a Brooklyn-based event organizer in the legal, finance, and technology sectors. This move follows Turnmill's acquisition of two other companies, boosting its capacity to connect diverse industry sectors and support deal flow in the financial services industry. The acquisition is marked by enthusiasm from both companies, with Turnmill's CEO Alex Johnson highlighting the complementarity of Dealmakers’ event expertise. Horizon Capital's partner, Adam Lewis, reinforces their commitment to propelling Turnmill’s expansion in the financial services market landscape.
Sectors
- Financial Services
- Event Management
- Legal and Technology
Geography
- United States – The acquired company, Dealmakers Forums LLC, is based in Brooklyn, New York, highlighting the U.S. as a key geography.
- Global – Turnmill Limited operates at a global level, organizing events worldwide in the financial services sector.
Industry
- Financial Services – The article primarily revolves around Turnmill Limited's operations in facilitating marketplace events, which significantly serve the financial services sector.
- Event Management – Turnmill Limited and Dealmakers Forums LLC operate in organizing large-scale events and forums, making event management a crucial industry classification.
- Legal and Technology – The acquisition of Dealmakers Forums LLC extends Turnmill’s reach into the legal and technology sectors through the events they organize.
Financials
- >30% – Organic growth achieved by Turnmill Limited post-investment by Horizon Capital.
- >10k – Number of attendees across Turnmill's events portfolio.
- >4k – Number of meetings facilitated by Turnmill's events.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Turnmill Limited | Acquirer/Target | Company | A global operator of large-scale marketplace events for financial services. |
| Dealmakers Forums LLC | Target | Company | A premier organizer of high-level events in the legal, finance, and technology industries, based in Brooklyn, New York. |
| Horizon Capital | Private Equity Firm | Company | The PE firm that invested in Turnmill Limited, supporting its growth and acquisition strategy. |
| Alex Johnson | Group CEO | Person | The CEO of Turnmill Limited who provided statements on the acquisition. |
| Wendy Chou | Founder & CEO | Person | The CEO of Dealmakers Forums LLC commenting on the transformative partnership. |
| Adam Lewis | Partner | Person | A partner at Horizon Capital expressing support for Turnmill’s acquisition. |