MJH Associates‚ Inc., a leading independent full-service health care education, market research and multichannel medical communications company, has acquired media assets from the UBM Life Sciences Group (part of Informa PLC). The acquisition comes with seven offices — six in the U.S. and one in the United Kingdom — and over 220 associates.
The acquisition of UBM Life Sciences assets includes iconic multimedia platforms in the health care, animal care, pharma sciences and dental fields, as well as three pre-eminent veterinarian conferences. The integration of these brands will complement the existing MJH portfolio and, together, significantly extend access and engagement with meaningful health content. These new assets will form a new business unit within MJH called MultiMedia Healthcare, LLC. This combined entity makes MJH the largest privately held medical media company in the U.S.
“The strategic purchase of UBM Life Sciences’ media assets leaves no question that MJH is dedicated to remaining at the forefront of delivering trusted health care information now and into the future. It furthers our overall commitment to providing diverse stakeholders — from providers to patients to caregivers — access to trusted and timely resources to help inform care and optimize outcomes,” said Michael J. Hennessy, Jr., president of MJH Associates‚ Inc.
Tom Ehardt, executive vice president and managing director of the UBM Life Sciences Group added: “We are pleased to find a partner that is invested in engaging our valued audiences in new and exciting ways. MJH is an ideal fit for us as they understand how to deliver high-quality content in multimedia platforms and live events.”
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Ehardt will continue in his current role and serve as president of MultiMedia Healthcare, LLC, reporting to George Glatcz, COO of MJH.
The Life Sciences Group features 3 vertical markets. Some of the leading brands MJH has acquired are as follows:
- Health care— Medical Economics, Patient Care, Practical Cardiology, Dermatology Times, Drug Topics, Ophthalmology Times, Psychiatric Times, Urology Times, Contemporary OB/GYN, Oncology, Dental Products Report and Managed Healthcare Executive.
- Pharma — Pharmaceutical Technology, LC/GC, Pharmaceutical Executive, Spectroscopy, BioPharm International and Nutritional Outlook.
- Animal Health — DVM360, Vetted and Firstline. Additionally, the animal health group produces the Fetch series of three live regional conferences.
MJH was advised by Oaklins DeSilva & Phillips.
Date: February 4, 2019
Source: The Business Journals
