Private equity firm Boston Ventures, US, has announced the acquisition of Oakstone Publishing, US, from Haights Cross Communications. Oakstone publishes professional reference and continuing education materials for physicians, educators and human resource professionals. Nancy McMeekin, President and CEO of Oakstone Publishing, will continue in her capacity as will the rest of the senior management team. Bob S. Amato, former President and CEO of Jobson Publishing, a former Boston Ventures portfolio company which had a significant medical education division, will serve as the Executive Chairman.
Oakstone Publishing has established brands that are recognised for providing high-quality, relevant content through its two complementary operating units - Oakstone Medical and Personal Best.
Oakstone Medical provides need-to-know continuing education content. A division, CMEinfo, provides medical board review courses to doctors and other healthcare professionals. Oakstone Medical's offerings include products in audio and video format for virtually every stage of a doctor's career and serve important needs for physicians to keep abreast of the latest developments in their specialties as well as earn continuing medical education credits, a requirement to continue to practice.
Personal Best provides concise, cost-effective health and wellness information which promotes healthy lifestyles to employees through a range of integrated offerings, including print and electronic newsletters, calendars, brochures, booklets, posters and walking journals. The business is unique in its ability to customise and co-brand products with its corporate customers. Its flagship newsletters, TopHealth and Personal Best Healthlines, reach more than 1,000,000 readers monthly at almost 10,000 organisations.
Oakstone has a proven track record of developing new content in existing specialties, expanding into new specialties and creating product line extensions across multiple delivery formats. The company has launched over 100 titles over the past 10 years.
