HMP Launches European Division With Latest Event Acquisition

HMP—a B2B events, education and media provider to the healthcare industry—closed a pair of acquisitions this week, swelling its portfolio to more than 300 annual live events and establishing a dedicated European division for the first time. On Thursday, HMP acquired Provascular, GmbH, the German-based organizer of the Leipzig Interventional Course (LINC), an annual four-day conference for cardiovascular specialists that attracted more than 5,000 attendees from 82 countries in 2019, according to an announcement. The acquisition comes about four months after HMP, which publishes four cardiovascular journals, launched an online educational network for specialists in the field. The company says Provascular's current leadership will continue in their current roles in Leipzig, which will also host the headquarters of the new HMP Europe—the new division that will manage both LINC and several European-based events that HMP already owns, including the ESMO World GI Conference, held annually in Barcelona, and the newly launched AMP Europe symposium in Switzerland, among others. In a statement, HMP president and CEO Jeff Hennessy called the acquisition and the new division launch "important milestones" in the Pennsylvania-based company's 34-year history, and said the opportunity to further build out a European presence "was a key factor" in acquiring Provascular. HMP's expansion into the European market comes as several B2B media and exhibitions firms in both the U.S. and UK seem... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-10-11 15:19:45 UTC ]
News tagged with: #b2b media #exhibitions firms #eyeing opportunities #$59 million #separate transactions #rescue audiences #york-based penton #—prior #-sourced revenue #bottom line #-based evolution #psychotherapy conference #vendome group #healthcare industry—closed #ubm plc—increased

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