Hong Kong, Dec 16, 2016 -- InnoXcell Ltd, the legal, compliance and cyber risk events production and content marketing company, announced today it received major funding from the PrimeVest Group and created a joint venture arrangement.
Effective from Jan 1 2017 Innoxcell is to be named HJ InnoXcell Ltd. The financing will be used to fund HJ InnoXcell’s continuous global expansion.
"Innoxcell has developed a leadership position in the legal, compliance and cyber event community," said Andy Kwok, CEO of PrimeVest. "What Jeffrey and the team have produced over past seven years is impressive, and we're excited to be working together to create a synergy of global training, events and professional accreditation. Innoxcell is a great example of the type of founder-led, capital-efficient business that we like to invest in."
"With a presence in China and the US, PrimeVest is an ideal partner as we continue to scale our business globally," said Jeffrey Teh, CEO of Innoxcell. "We're excited to have a partner on board that provides us not only with capital, but also access to China’s legal and medical education community markets."
Founded in 2010 in Hong Kong, Innoxcell produces legal, compliance, cyber crime and eDiscovery events in Asia Pacific. Using its innovative event skills, Innoxcell delivers exceptional conferences, training and seminars to legal, compliance and IT professionals. Innoxcell provides sponsors with access to more than 5,000 internal corporate legal, compliance, risk, audit and IT professionals in six countries. Our clients include EY, Cisco, Kroll, Deloitte, Herbert Smith Freehills and many others. The company has offices in Hong Kong, Shanghai and Sydney. Innoxcell has experienced double-digit yearly revenue growth and is now one of the leading legal events producers in Asia.
PrimeVest Group has always been the market leader in professional exam prep courses and professional education in China. Since 2009 programs introduced by the company include exam prep courses in USCPA, USMLE, NCLEX-RN, US BAR exam, LMCHK, and many cutting edge professional qualifications from all walks of life. The company operates in compliance with the rules and regulations in China, and has obtained a School License of the People's Republic of China, Network License, China's Ministry of Industry, Human Resources Services License, and many other certificates of qualification, which is unique for foreign-invested enterprises in China. Currently, the company operates in over 20 major cities in China, including Shenzhen, Beijing, Shanghai, as well as in LA, Brisbane, Hong Kong and Singapore.
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