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DeSilva+Phillips, Media Investment Bankers, Announces 'October 2007 Healthcare Media M&A Summit'
New York, NY (PRWEB) June 9, 2007 -- DeSilva + Phillips, media investment bankers, announces a major conference on deal-making in the healthcare communications and information market -- The DeSilva + Phillips Healthcare Media M&A Summit. The full-day event will be held on October 4, 2007, at the New York Academy of Sciences in New York City.
The Summit's chairman, Dr. Morris Levitt, Managing Director for Life Sciences at DeSilva + Phillips, said, "The Healthcare Media M&A Summit will focus on the key value drivers in the healthcare media M&A market and identify significant trends affecting important segments within this market such as continuing medical education (CME), direct-to-consumer (DTC) and direct-to-physician (DTP) marketing, electronic detailing, medical portals and websites, and electronic life science publications."
The Summit's speakers -- all major players in the healthcare media industry -- will discuss and assess critical issues and investment opportunities across the entire healthcare media industry. In addition to the speakers, the conference will also provide the opportunity for a select group of companies to participate in a panel on innovative healthcare media companies.
The Summit's attendees will include strategics -- senior executives at healthcare and B2B companies -- and financials -- key private equity partners who are active in the healthcare media space or evaluating it for future activity. As with previous DeSilva + Phillips healthcare media events, the Summit will afford the industry's leadership a rare opportunity to gather in one place, share strategies and plan for future growth in this rapidly evolving sector. Attendance is by invitation only.
According to Dr. Levitt, "Life sciences and healthcare media deals represented about 10% of total media M&A deals in the U.S. in 2006, valued at over $1.9 billion. On DeSilva + Phillips Top 10 Deals of 2006 list, life sciences transactions were numbers 3 and 4: Wiley's acquisition of Blackwell Publishing and Vestar Capital Partners' acquisition of MediMedia. The speakers and attendees at the Summit this fall are the men and women who are making the decisions and driving the action in this key sector of the media M&A market."
DeSilva & Phillips is a New York-based media investment bank specializing in the media and digital media industries, providing M&A and corporate finance advisory services to the publishing and trade show, medical media and marketing services industries. A leader in medical and life sciences media, it has completed dozens of transactions in this strategic media sector, among them deals involving the sale of such properties as MediMedia, Jobson Medical Information, Physicians Practice, Physician's Weekly, Dowden Health Media, CMEInfo.com, HCPro Corp., MedCon and Boron LePore. Since its founding in 1996, DeSilva + Phillips has completed over 165 transactions with a total value of more than $6.5 billion.
The New York Academy of Sciences, founded in 1817, is the third oldest scientific society in the United States. Independent and nonprofit, the Academy currently numbers more than 26,000 members in more than 140 countries. The Academy's headquarters is on the 40th floor of the newly built 7 World Trade Center in New York's financial district and includes a state-of-the-art meeting facility which will be the venue for the DeSilva + Phillips Healthcare Media M&A Summit.
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