The management team of Becker’s Healthcare, a leading B2B media and information platform serving the healthcare industry, announced today that it has received a substantial investment from Pamlico Capital. Founder Scott Becker, along with President and CEO Jessica Cole, will maintain significant ownership in Becker’s and Jessica Cole will continue to lead the Company.
JEGI CLARITY (www.jegiclarity.com), the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented Becker’s Healthcare in this transaction.
Headquartered in Chicago, Becker’s is an information and media platform that has established a thought leadership position in the “business of healthcare.” Becker’s serves more than 600 customers under four core brands targeting specific healthcare verticals – Hospitals, Ambulatory Surgery Centers, Spine/Orthopedics, and Infection Control & Clinical Quality. Within the core verticals, Becker’s has five industry conferences, eleven digital properties, and four magazines to engage healthcare industry leaders and key decision makers.
Jessica Cole noted, “Our team is proud of what we’ve accomplished by being incredibly customer-focused and is excited about accelerating our next phase of growth with Pamlico.” Scott Becker added, “We chose Pamlico because of their integrity, intelligence, and experience partnering with founder-owned businesses, their understanding of our business model and end market, and their track record of providing additional resources in support of their portfolio companies. The Becker’s platform has experienced tremendous growth over the last couple of years. We sought a partner to support our efforts to scale to the next level and are thrilled to be partnering with Pamlico.”
Pamlico Partner Scott Stevens commented, “The team’s customer-first culture has driven fantastic results. Our investment will allow Becker’s to further expand its offerings and collaboration with senior healthcare executives and decision makers.” Art Roselle, Partner at Pamlico, continued, “Pamlico seeks to invest in market-leaders with strong growth potential and great management teams. Becker’s fits that profile perfectly.”
We had a remarkable experience with JEGI CLARITY. We interviewed a few investment banks, and JEGI CLARITY really stood out from other media and information focused firms. In our selection process and in speaking with their references, it was very clear they were the right fit for us, due to their experience in our markets, the tight processes they run, and their significant access to c-level decision-makers. In our process, they had extremely clear thoughts on the business and the value. They helped show us a means of presenting the business that was genuine and professional and led to a different level set of opportunities than we had expected. We would hands down, no question, hope to have the chance to work with the team at JEGI CLARITY again.
Scott Becker, Founder, Becker’s Healthcare