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UBM Medica Sells Consultant Print to HMP Communications

UBM Medica has sold the Consultant Print Group to HMP Communications. Financial terms were not announced. HMP’s investors include Alta Communications and Susquehanna Private Equity Investments. News of the deal was announced by Berkery Noyes which advised UBM.

PRESS RELEASE

Berkery Noyes announced today that the firm represented UBM Medica in its sale of The Consultant Print Group (the “Group”) to HMP Communications, Inc. (“HMP”).  HMP investors included Alta Communications and Susquehanna Private Equity Investments, LLC (SPEI). Terms of the transaction were not disclosed.

The Consultant Print Group is a print publication unit of UBM Medica, LLC and focused on the primary care market. The Group includes the print magazine and custom publishing operations of two titles, Consultant and Consultant for Pediatricians.  Both titles are highly respected, independent journals for primary care physicians, physician assistants, and nurse practitioners, and are known for their editorial excellence, strong readership, and respected brands.

Berkery Noyes has been involved with many of the most notable transactions in the healthcare/life science, technology, and information sectors involving both financial and strategic buyers and sellers.

Berkery Noyes acted as UBM Medica’s exclusive financial advisor in its negotiations with HMP Communications.

About Berkery Noyes

Berkery Noyes provides strategic mergers and acquisitions transaction advisory services, financial consulting and strategic research to middle-market information, healthcare, technology, information and media companies in the United States and internationally.  For more information, visit www.berkerynoyes.com.