Transaction

Specialist content for behavioral health

HMP acquires Vendome’s mental wellness and substance use division to better serve the healthcare community

Date:
Deal Type:
Role:
Sectors:
  • B2B Information and Events
  • Events and Conferences

JEGI CLARITY has advised Vendome Group on the sale of the Institute for the Advancement of Behavioral Healthcare (IABH) to HMP, a portfolio company of Susquehanna Growth Equity.

Vendome Group serves a broad range of healthcare professionals through premier events, high-quality websites, webinars and publications designed to help constituents and communities bring their services and products to market. Vendome’s IABH division is a prominent provider of education for front-line clinicians, mental health and substance use treatment center executives, public health professionals, and law enforcement officials.

As part of the agreement, HMP will acquire a portfolio of behavioral health assets, including three well-respected events (the National Rx Drug Abuse & Heroin Summit; the National Conference on Alcohol & Addiction Disorders; and the National Cocaine, Meth & Stimulant Summit), along with eight regional events and Addiction Professional and Behavioral Healthcare Executive, award-winning print and digital brands. This acquisition will augment HMP’s already strong position in mental and behavioral health.

Once we decided to carve out one of our divisions, it didn’t take long to figure out who to turn to – JEGI CLARITY’s deep industry knowledge combined with the enormous analytical resources they bring to the table made them the obvious choice. JEGI CLARITY relentlessly drove the process from day one, providing outstanding guidance, strategy, and round-the-clock support. They operated with integrity and intelligence throughout and their laser-like focus on moving us forward through a demanding process was truly inspiring. The result was a great outcome for the business and its people. When we chose JEGI CLARITY, we made the right choice.

Jane Butler, CEO & Founder, Vendome Group
Share this on: