We acquired a controlling interest in this successful medical education company, which was focused on the healthcare community treating Diabetes. The owner stayed on board to help with the expansion of the business and continues to work in it to this day.
This was followed by our acquisitions of Wounds UK and MEP, (Medical Education Press), two well-established Med- Ed companies. These acquisitions allowed us to expand and cover new therapy areas, including Obesity, Wound Care, Lymphoedema, End of Life Care and Continence.
From this broader base, we were able to build an extensive live and online event business related to our products, which went on to stage more than 150 events each year. With further expansion into digital products, we were able to provide our medical education portfolio in print, in person and online.
Subsequently we were approached by Deutsche Private Equity, who had recently acquired one of our event-focused competitors Omniamed, with the ambition to bring the two companies together. Having negotiated a deal that benefited all parties, the business was successfully divested.