ABRY Partners: Financing partner for the media and communication industries

Thomson Medical Education Acquired by ABRY Partners, Renamed KnowledgePoint360 Group

April 23, 2007 (BOSTON) -- Thomson Medical Education, a leading worldwide provider of medical communications services and accredited continuing medical education, has been acquired by ABRY Partners, LLC, from the Thomson Corporation and has been renamed KnowledgePoint360 Group, LLC.  Terms of the transaction were not disclosed.

KnowledgePoint360 Group serves the global pharmaceutical industry through such renowned and trusted business units as the Gardiner-Caldwell Group, Professional Postgraduate Services, Physicians World, Scientific Connexions, Physicians World Speakers Bureau, Acumed, Geomed, and Interphase. It is headquartered in Secaucus, N.J., with additional offices in Macclesfield and London, U.K.; Newtown, Pa., New York, Chicago, and Santa Clara, Calif.; and Mannheim, Germany.

“We are delighted to be entering the health information sector through our investment in KnowledgePoint360,” said C.J. Brucato III, principal of ABRY Partners. “This is a highly diversified, global business with a leading market position, strong management team, and excellent opportunities for further growth.”

Jon Bigelow will serve as President and CEO of KnowledgePoint360 Group. Mr. Bigelow was formerly President of Cliggott Publishing Co. and Group VP/General Manager of CMPMedica; he also is past President of the Association of Medical Publications. “I’m very pleased to be working with ABRY Partners, with an excellent management team, and with over 600 dedicated professionals at KnowledgePoint360 to extend the company’s tradition of quality educational programs for busy clinicians, and excellent communications and educational support services for leading pharmaceutical companies,” said Mr. Bigelow. “We look forward to further expanding the scope of our offerings in coming months.”

About KnowledgePoint360 Group, LLC

KnowledgePoint360 Group, LLC, is a leader in educating busy physicians and other health providers about diagnosis and management issues. It offers comprehensive publication planning services; live educational programs ranging from Congresses to satellite symposia to dinner meetings; branded initiatives on common diseases incorporating Web, print, audio, and live components; strategic consulting; and speaker training and management services.

About ABRY Partners, LLC

Based in Boston, ABRY Partners, LLC is a private investment firm specializing in the media, communications, and business services sectors. Since 1989, ABRY has completed over $18 billion in leveraged transactions and other private equity and mezzanine investments, involving more than 450 properties. ABRY currently has about $2.8 billion of total capital under management.


Back to Current News