M&A Update: MJH Life Sciences Buys Another B2B Magazine

MJH Life Sciences, the New Jersey-based medical publisher that expanded dramatically last year in a $100 million acquisition of the former UBM Life Sciences portfolio from Informa plc, announced another purchase on Thursday: Pharmaceutical Commerce, a trade magazine and digital outlet serving the biopharma industry. Terms of the deal were not disclosed. Founded in 2005, Pharmaceutical Commerce claims a controlled circulation of 21,000 for its quarterly print edition, primarily made up of executives at pharmaceutical manufacturers, according to its media kit. “We look forward to tapping into a new market and formalizing relationships with biopharma executive decision-makers in the industry,” said Mike Hennessy Jr., president and CEO of MJH Life Sciences, in a statement. “The acquisition of Pharmaceutical Commerce serves as a perfect complement to the publications already in our portfolio.” Nicholas Basta, Pharmaceutical Commerce's founder and editor-in-chief, will remain with the magazine through the end of 2020 to help ensure a smooth transition, MJH said. Cahaba Media Group Sold to Local Owners Elsewhere on the M&A wire, Cahaba Media Group, a Birmingham, Ala.-based publisher of the trade magazines Pumps & Systems, Construction Business Owner and HomeCare, has sold a majority stake in itself to local businessmen Matthew Conroy and Matt Lyons. The sale comes as 17-year-old Cahaba's founder and CEO, Wally Evans, plans to retire. He'll remain involved with the... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-07-09 18:18:12 UTC ]
News tagged with: #ma wire #-based publisher #majority stake #advertising partners #existing properties #home town

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Transworld buys trilogy by ex-Methvens chair

Written By: Charlotte Williams Publication Date: Mon, 09/05/2011 - 15:30 Transworld has acquired three historical crime novels by Andrew Swanston, former Waterstone's director and chairman of Methven's. Assistant editor Emma Buckley bought world rights in the trilogy directly from the author.... Continue reading at The Bookseller

[ The Bookseller | 2011-05-09 00:00:00 UTC ]
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Conde Nast Reportedly Plans iPad Magazine Subscriptions

The New Yorker is expected to be the first in-app publication to be offered as more than a single issue sale. Continue reading at PC World

[ PC World | 2011-05-09 00:00:00 UTC ]
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I B Tauris buys PWP

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[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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Media Decoder: Random House Buys Digital Agency

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[ The New York Times | 2011-05-05 00:00:00 UTC ]
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Random House buys digital agency Smashing Ideas

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[ The Bookseller | 2011-05-05 00:00:00 UTC ]
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E-Commerce News: New York Magazine To Launch Curated Deals Newsletter in May

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[ Folio Magazine | 2011-05-03 00:00:00 UTC ]
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Mamut could buy Waterstone's for £35m

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[ The Bookseller | 2011-04-26 00:00:00 UTC ]
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With Update, Barnes & Noble's Nook Color Gets More Tablet-Like [Mobilized]

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[ AllThingsD | 2011-04-25 00:00:00 UTC ]
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Apple Releases IBooks 1.2.2 Update

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[ PC World | 2011-04-22 00:00:00 UTC ]
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Johnson says Waterstone should give up on buying back chain

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[ The Bookseller | 2011-04-20 00:00:00 UTC ]
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Regional Mag 5280 Acquires Denver Magazine

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[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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[ AllThingsD | 2011-04-19 00:00:00 UTC ]
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Hay House buys Beacham's memoir

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[ The Bookseller | 2011-04-14 00:00:00 UTC ]
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[ The Bookseller | 2011-04-14 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-11 00:00:00 UTC ]
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Sphere serves up Nadal life story

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[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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Quadrille buys book by Royal cakemaker Cairns

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[ The Bookseller | 2011-04-08 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-07 00:00:00 UTC ]
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[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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[ AdWeek | 2011-04-07 00:00:00 UTC ]
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