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Mackler and Fisher, backed by Alta Communications, acquire HMP Communications

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Fairfield, Conn.—B-to-b media veterans Paul Mackler and Ken Fisher have joined forces with private equity firm Alta Communications to acquire HMP Communications, which targets health care professionals, from BG Media Investors. The deal closed Friday. Financial terms were not disclosed.

HMP, which was formed in 1985, distributes medical information, research and educational products and services. Its journals include Cath Lab Digest, Clinical Geriatrics, EP Lab Digest, Podiatry Today, Skin & Aging and The Annals of Long-Term Care. HMP also owns the Symposium on Advanced Wound Care, which is the official meeting for both the Association for the Advancement of Wound Care and the Wound Healing Society.

“Healthcare is a $1.7 trillion industry, and HMP covers a lot of disciplines that are each multibillion industries in and of themselves,” said Mackler, president-CEO of HMP Communications. He added that HMP’s revenue is split 50/50 between print and nonprint products. “It’s nicely diversified,” Mackler said, referring to HMP’s portfolio. “We intend to grow both organically and through additional acquisition.”

The deal marks Mackler’s re-entry into b-to-b media. He was most recently CEO of Cygnus Business Media and before that was president of Reed Exhibitions. Fisher, who is CFO of HMP, was most recently CFO of Cygnus Business Media.

Mackler said the existing management team, including HMP Exec VP Peter Norris, is staying on.

—Matthew Schwartz

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