NEW YORK, April 7 /PRNewswire/ -- Wicks Medical Information, LLC (“WMI”) today announced that it has signed a definitive purchase agreement to acquire Jobson Publishing, LLC (“Jobson”). Jobson is a leading specialty healthcare communications, publishing and medical education company. Terms of the transaction were not disclosed.
Established in 1958, Jobson produces a broad range of publications, accredited educational programs, live events, symposia and websites that reach, teach and influence over 1.0 million healthcare professionals -- doctors, pharmacists, nurses and clinicians -- every month. Its well-known brands include Postgraduate Institute for Medicine, /alert Marketing, U.S. Pharmacist, Neurology Reviews, Pulmonary Reviews, Clinician Reviews, 20/20, Review of Optometry and Frames Data.
Michael Tansey, President of Wicks Medical Information, said, “We are very excited to acquire this unique group of properties which play such an important role in providing information to the healthcare industry. Jobson will substantially increase our presence in this market, and combined with our education company, Medical Education Consultants, LLC (“MEDCON”), will make us one of the leading continuing medical education providers in the U.S.”
Bob S. Amato, President of Jobson, said, “We have worked hard over the past year to position the company and its products for strong growth in the healthcare industry. We are certain that Jobson’s talented group of people will continue to grow the business and provide better products and services under the ownership of WMI.”
Jobson Publishing, LLC is privately held and owner managed. Boston Ventures, a leading middle-market Media & Communications buy-out firm, is an active investor and financial partner.
Wicks Medical Information, LLC, an affiliate of The Wicks Group of Companies, L.L.C., operates in the medical information services market and concentrates on growth by acquisition and development of companies in the medical education and publishing sectors. WMI is focused on providing information to doctors, nurses and other service providers in the healthcare industry.
The Wicks Group of Companies, L.L.C. (http://www.wicksgroup.com/) is a New York based private equity firm that invests in selected segments of the communications, information and media industries.
BNY Capital Markets, Inc., an affiliate of The Bank of New York, is acting as exclusive financial advisor to Jobson in connection with this sale transaction. BNY Capital Markets offers a full range of advisory services to companies undertaking mergers, acquisitions, divestitures, as well as providing fairness opinions and advice regarding corporate restructurings.
Wicks Medical Information, LLC
CONTACT: Media Contact, Michael Tansey CEO of Wicks Medical InformationLLC., +1-203-226-9090
Web site: http://www.wicksgroup.com/