NEW YORK, April 29 Berkery Noyes announced today that thefirm represented Princeton Media Associates in its sale to HMP Communications,a portfolio company of Alta Communications. The management team will continueto have an investment in the new combined entity. Terms of the transactionwere not disclosed.
"This is an excellent combination with HMP Communications acquiring aseasoned management team with a winning healthcare and information franchise,"said Tom O'Connor, the Berkery Noyes Managing Director who managed thetransaction on behalf of Princeton Media Associates. "Princeton MediaAssociates is a world class franchise in an attractive growth segment of theever expanding healthcare market," O'Connor added.
Berkery Noyes has been involved with many of the most notable transactionsin the healthcare, pharmaceutical tools and services, and medical marketingsectors involving both strategic and financial buyers and sellers.
Berkery Noyes acted as Princeton Media Associates exclusive financialadvisor and represented it in its negotiations with HMP Communications/AltaCommunications.
About Berkery Noyes
Berkery Noyes is one of the pre-eminent merger and acquisition firmsserving the information industry. Among the most recent transactions completedby Berkery Noyes are the sale of HCPro, Inc., a portfolio company of TheRiverside Group to Halyard Capital, the divesture by The Thomson Corporationof Center Watch/NEIRB to Jobson Medical Information a portfolio company of TheWicks Group, HMP Communications, a portfolio company of BG Media, to AltaCommunications in partnership with Paul Mackler and Ken Fisher, the sale ofComplete Healthcare Communications to MediMedia a portfolio company of VestarCapital Partners, the divesture by The Thomson Corporation of American HealthConsultants to Thompson Publishing Group; acquisition by Springer Science +Business Media of Current Medicine Group; acquisition by WebMd Corporation ofConceptis and the acquisition by The Wicks Group of DesignWrite, Inc.
Berkery Noyes' clients include private companies seeking a buyer, most ofthe major international information companies, and private equity firms whouse the firm's expertise in locating, analyzing and negotiating withacquisition candidates and in managing divestitures. The firm operates with astaff of forty professionals serving the information industry. For moreinformation, visit www.berkerynoyes.com.
About Princeton Media Associates
Princeton Media Associates specializes in producing live, print, and web-based certified continuing medical and pharmacy education and informationalservices for healthcare professionals. PrincetonCME, (www.princetoncme.com),offers CME/CE activities in a variety of formats, including teleconferences,symposia, monographs, and webcasts, within several well-recognized brands:Coalition of Rheumatology Educators (CORE) and the Princeton TeleconferenceSeries. The company has established educational partnerships with leadingacademic institutions. For more information, visit www.princetoncme.com.
About HMP Communications
HMP Communications is the authoritative source for comprehensiveinformation and education serving healthcare professionals. HMPCommunications' products include peer-reviewed and non-peer-reviewed medicaljournals, national trade shows and conferences, online programs and customizedprograms within the clinical areas of wound care, dermatology, podiatry,cardiology, vascular, electrophysiology, long-term care, diabetes, arthritis,and specialized primary care. Discover more about HMP Communications' productsand services at www.hmpcommunications.com.
The North American Center for Continuing Medical Education (NACCME), awholly-owned subsidiary of HMP Communications Holdings LLC, provides a widearray of accredited CME offerings with industry thought