DeSilva + Phillips, Media Investment Bankers, announces that its client, Euromoney Institutional Investor PLC, has sold Engel Publishing Partners, publishers of Med Ad News, R&D Directions and PharmaLive.com, to Canon Communications LLC, a portfolio company of Apprise Media LLC.
New York, NY (PRWEB) September 5, 2007 -- DeSilva + Phillips, Media Investment Bankers, announces that its client, Euromoney Institutional Investor PLC, has sold Engel Publishing Partners, publishers of Med Ad News, R&D Directions and PharmaLive.com, to Canon Communications LLC, a portfolio company of Apprise Media LLC. DeSilva + Phillips partner Ken Collins said, "We're pleased to have matched Engel's excellent healthcare media platform with Canon Communications."
About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is listed on the London Stock Exchange and a member of the FTSE-250 share index. It is a leading international business-to-business media group focused primarily on the international finance sector. It publishes more than 100 magazines, newsletters and journals, including the leading financial market titles Euromoney and Institutional Investor. It also runs an extensive portfolio of conferences, seminars and training courses and is a leading provider of electronic information and data covering international finance and emerging markets. Its main offices are located in London, New York and Hong Kong and nearly half its revenues and profits are derived from the United States.
About Engel Publishing Partners
Engel Publishing Partners publishes several B2B magazines, including Med Ad News and R&D Directions. Through its leading website, PharmaLive.com, it offers several interactive products, including the eKnowledgebase, PharmaSentry, the PharmaLive.com eNewsletter Series and Therapeutics Daily eNewsletter Series, and OnDemand Special Reports. In addition, it hosts several industry events, including the Patient-Centered Marketing conference, the Drug Development Summit, and The Manny Awards, a gala affair celebrating the leading pharmaceutical advertising agencies and presenting the Advertising Agency of the Year award.
About Canon Communications LLC and Apprise Media LLC.
Canon Communications LLC is the leading publisher, trade show producer, and digital media company for the nation's $1 trillion advanced, technology-based manufacturing industry, including medical device, specialty packaging, materials processing, automated assembly, electronics, quality control, and plastics processing. Canon produces trade shows for each of these sectors. Canon Communications LLC is a portfolio company of Apprise Media, which operates market-leading companies in key enthusiast and B2B media segments. Its consumer portfolio companies are held through Apprise Enthusiast Media LLC.
About DeSilva + Phillips, Media Investment Bankers
DeSilva + Phillips is a New York-based investment bank specializing in the media, digital media and healthcare communications industries. The firm provides M&A services and private placements of debt and equity to the medical and healthcare media, magazine, Internet, newspaper, book publishing, trade shows & events, information, educational, and marketing-services industries. DeSilva + Phillips has completed more than 185 transactions since 1996, and since 2002 it has been the leading provider of M&A advisory services for B2B and consumer publications. DeSilva + Phillips also sponsors The Healthcare Media M&A Summit, a unique full-day conference scheduled for October 4, 2007, at the New York Academy of Sciences in New York City.
DeSilva + Phillips Corporate Finance LLC is a member of FINRA and SIPC. For more information visit Mediabankers.com.
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