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JEGI Client Forrester Research
Has Acquired JupiterResearch from MCG Capital
Firm completes 14th transaction of 2008 and continues
to serve the market research and business information
sectors with high-quality investment banking services
The Jordan, Edmiston Group,
Inc. (jegi.com)
is pleased to announce that Forrester Research, Inc.
(Nasdaq: FORR) (forrester.com)
has acquired JupiterResearch, LLC (jupiterresearch.com)
and its parent company, JUPR Holdings, Inc., from MCG
Capital Corporation (Nasdaq: MCGC) (mcgcapital.com).
This strategic purchase complements Forrester’s
syndicated business model, as JupiterResearch joins
Forrester’s Marketing & Strategy Client Group.
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“Uniting JupiterResearch and Forrester
brings together the two leading research brands used by marketing
and strategy executives,” said George F. Colony, Forrester’s
Chairman of the Board and Chief Executive Officer. “JupiterResearch
enhances our existing role-based strategy and offerings to
bring unprecedented value to Forrester’s Marketing &
Strategy clients. We welcome JupiterResearch employees and
clients to Forrester.”
Forrester serves marketing and strategy, IT, and technology
industry leaders across 19 professional roles. The addition
of JupiterResearch will fortify Forrester’s existing
data-driven insight, forward-looking research and analysis,
objective advice, and best practices for marketing and strategy
professionals globally. These professionals include CMOs,
consumer market researchers, consumer product strategists,
customer experience experts, direct marketers, interactive
marketers, and eBusiness and channel specialists at major
companies.
Like Forrester, JupiterResearch provides business professionals
with syndicated research, analysis, and advice backed by proprietary
data. JupiterResearch has a substantive and growing library
of syndicated research and strong consumer data and excels
at market forecasting.
“Acquiring JupiterResearch is a significant step in
our growth strategy for the Marketing & Strategy segment
of Forrester’s business,” said Dennis van Lingen,
Managing Director of Forrester’s Marketing & Strategy
Client Group.
“JupiterResearch’s established offering, well-respected
research team, and strong sales organization complement Forrester’s
and solidifies our long-standing leadership position as advisors
to marketing and strategy professionals worldwide.”
“We are very excited to be joining the Forrester brand,
culture, and community,” said David Schatsky, President,
JupiterResearch. “For a quarter of a century, Forrester
has been a trusted advisor to many of the top businesses and
organizations in the world, and we are honored to bring the
best of JupiterResearch to the Forrester name.”
For more information on the Forrester transaction, click
here
or contact JEGI at 212-754-0710.
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JEGI Advises University Health
Publishing Group in Sale to MediZine, a Portfolio Company
of Veronis Suhler Stevenson
Firm continues to serve the consumer media and information
markets with high-quality investment banking services
The Jordan, Edmiston Group, Inc.
(jegi.com)
is pleased to announce that University Health Publishing Group
(UHPG), a consumer health information and education provider,
has been sold to MediZine LLC (medizine.com),
a leading consumer health education company and a portfolio
company of Veronis Suhler Stevenson (vss.com). |
With its 24-year history of consumer health
information and education in collaboration with two of the most
esteemed universities in the country – Johns Hopkins University
and the University of California, Berkeley, UHPG provides millions
of readers worldwide with a variety of print and online subscription-based
products.
“For many years, we have discussed the possibility of joining
forces with UHPG in our mutual goal to educate consumers about their
health needs,” said Traver Hutchins, CEO & President of
MediZine LLC. “With this acquisition, we are now able to build
on UHPG’s impressive heritage to reach more consumers with
extensive research-based health content. This acquisition complements
MediZine’s current programs, which reach more than 100 million
consumers each year.”
Mr. Hutchins added, “Stuart Jordan, UHPG Chief Operating Officer,
has done a tremendous job developing the company’s assets,
which will be a growth catalyst for MediZine, as we continue to
grow our multi-media and integrated health education platform.”
“Everyone at UHPG is excited by the prospect of expanding
our existing consumer health brands and creating new products, which
will now be possible thanks to the completion of this deal,”
said Jordan. “I am personally happy to be joining the MediZine
team, which shares the same mission to further the consumer health
information experience.”
MediZine’s proven expertise in how to reach proactive, health-concerned
consumers – when and where they seek solutions – in
pharmacies, in doctors’ offices and in home and online, will
provide novel opportunities to grow the subscriber base for UHPG’s
portfolio of publications, including John Hopkins Health After 50
and the University of California Berkeley Wellness Letter newsletters
For more information on the University Health transaction, click
here
or contact JEGI at 212-754-0710.
JEGI - The Leader in Middle-Market M&A for Media, Information, Marketing
Services and Related Technologies
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