JEGI REPRESENTS JOBSON HEALTHCARE INFORMATION IN SALE TO INTERNET BRANDS
New York, NY, June 11, 2018 – Jobson Healthcare Information (JHI), a leading provider of information, education and marketing services in key healthcare markets has been acquired by WebMD Health Corp., an Internet Brands company and the leader in health information services for consumers and physicians.
JEGI (www.jegi.com), the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented Jobson Healthcare Information in this transaction.
Owning brands that have been leaders for over 50 years, JHI has long been recognized for its diversified portfolio of healthcare information, education and marketing services targeted to a broad segment of the healthcare industry, including physicians, pharmacists and eye care professionals. Through its comprehensive product offerings and platforms, JHI can reach more than one million health care professionals.
“JHI’s commitment to delivering quality information and services to the healthcare industry makes them an excellent addition to the WebMD network,” said CEO Steve Zatz, M.D. “They complement our existing capabilities and contribute very strong positions with pharmacists and the eye care community. JHI will help expand and deepen our relationships with health care professionals and enable us to leverage our combined strengths to increase our value to our customers.”
“WebMD is an exceptional fit for JHI,” said JHI CEO Jeff MacDonald. “In addition to sharing our passion for helping health care professionals improve the quality of patient care, WebMD’s substantial digital resources will enable us to bring more critical data, communications and information to health care professionals. We look forward to all we can accomplish together.”
Also headquartered in New York City, JHI will continue to operate as an independent subsidiary of WebMD. Terms of the transaction were not made public.
About Jobson Healthcare information
Jobson Healthcare Information LLC is a leading healthcare information, education and marketing services company that can reach over one million physicians, pharmacists and eye care professionals with a diversified portfolio of leading multi-channel brands. The JHI family of leading brands includes MD/alert, Pharm/alert, U.S. Pharmacist, 20/20 Magazine, Frames Data, Vision Monday, Review of Optometry, Review of Ophthalmology, PowerPak and Postgraduate Institute for Medicine. For more information, visit www.jhihealth.com.
WebMD Health Corp., an Internet Brands Company, is the leading provider of health information services, serving patients, physicians, health care professionals, employers, and health plans through our public and private online portals, mobile platforms, and health-focused publications. The WebMD Health Network includes WebMD Health, Medscape, MedicineNet, eMedicineHealth, RxList, OnHealth, Medscape Education, and other owned WebMD sites. WebMD®, Medscape®, CME Circle®, Medpulse®, eMedicine®, MedicineNet®, theheart.org®, and RxList® are among the trademarks of WebMD Health Corp. or its subsidiaries.For more information, visit www.webmd.com.
About Internet Brands
Headquartered in El Segundo, Calif., Internet Brands® is a fully integrated online media and software services organization focused on four high-value vertical categories: Health, Automotive, Legal and Home/Travel. The company’s award-winning consumer websites lead their categories and serve more than 250 million monthly visitors, while a full range of web presence offerings has established deep, long-term relationships with SMB and enterprise clients. Internet Brands’ powerful, proprietary operating platform provides the flexibility and scalability to fuel the company’s continued growth. Internet Brands is a portfolio company of KKR and Temasek. For more information, please visit www.internetbrands.com.
JEGI has been the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors for over 30 years. Headquartered in North America, with offices in New York City and Boston, as well as London and Sydney (through its partnership with CLARITY), JEGI has completed more than 600 high‐profile M&A and financing transactions, serving global corporations; middle‐market and emerging companies; entrepreneurial owners and founders; and private equity and venture capital firms. For more information, visit www.jegi.com.
“JEGI built a customized process that highlighted our strengths, identified the most relevant acquirers, and uniquely positioned the company to maximize the sale. They focused on what really mattered and knew the best way to help the market understand our story – and then worked very hard to deliver results. We were very happy with the outcome for shareholders and for management.”
– Jeff MacDonald, CEO, Jobson Healthcare Information