Leonis Principal, Inc. (d/b/a “Leonis Partners”) and The Jordan Edmiston Group, Inc. (d/b/a “JEGI CLARITY,” and together with Leonis Partners, the “Parties”) have entered into a proposed combination agreement (the “Transaction”). The Transaction is subject to approval by the Financial Industry Regulatory Authority (“FINRA”) and in the UK by the Financial Conduct Authority (“FCA”). The Parties will continue to be two distinct entities and businesses until the Parties obtain FINRA's and the FCA's approval of, and close, the Transaction. Click here for more information.
JEGI CLARITY Represents Gold Standard In Sale To Elsevier
Date:May 2006
Deal Type:Founder Sale
Role:Sell-side M&A
Sectors:
B2B Information and Events
Insights Data and Analytics
Gold Standard, Inc., a premier US-based developer of online clinical drug information products, services and solutions to the healthcare market, has been sold to Elsevier, a leading global healthcare and scientific publisher. Housatonic Partners, a private equity firm focused on investments in the business services and media industries, has been the lead investor in Gold Standard since 2003.
JEGI CLARITY represented Gold Standard in this transaction.