NASHVILLE, Tn. (May 21, 2018) - Endeavor Business Media, LLC. is pleased to announce the acquisition of NP Communications LLC’s publications; MLO-Medical Laboratory Observer, and CLR-Clinical Laboratory Reference, Health Management Technology, and EE-Evaluation Engineering. Endeavor has also acquired Healthcare Purchasing News and the HPN-Industry Guide from KSR Publishing, Inc. Chris Ferrell, CEO at Endeavor announced the transaction was effective May 18, 2018.
Endeavor is committed to ensuring the smooth transition of these titles and will keep current publication staff in place as well as expand the scope of services available. Operations for the titles will continue in Florida.
“We have been looking forward to joining Endeavor. In our evaluation of possible partnerships, the Endeavor organization and their professional teams, offered some substantial support opportunities for the future growth of these respected journals,” said Kristine Russell, CEO of both NP Communications, LLC, and KSR Publishing, Inc. “I have known Chris Ferrell for a number of years and I was honored that he invited my organizations to join his team at Endeavor. I’m confident that the opportunities Endeavor offers will improve our reader’s experience and strengthen our market-leading position in the technologies we cover,” she continued.
“Endeavor is looking forward to expanding their portfolio with new technologies in healthcare and engineering,” said Ferrell. These publications have been in their respective markets for decades and have loyal readership due to the comprehensive coverage in their fields including; healthcare supply chain and IT, clinical laboratory, and quality control and evaluation in product engineering and processes. Endeavor is committed to maintaining the high level of service and quality they currently deliver.”
Resolute Capital Partners, a Nashville-based provider of debt and equity to the lower middle market, financed the transaction.
Headquartered in Nashville, TN, Endeavor Business Media, LLC was formed in late 2017 to acquire and operate trade publications, websites and events. The company targets B2B audiences around the country. The company has offices in Birmingham, Alabama, Sarasota, Florida, and Skokie, Illinois.
About NP Communications, LLC.
NP Communications, LLC, is a publisher of business to business periodicals headquartered in Sarasota, Florida. Their publications include EE-Evaluation Engineering, Health Management Technology and MLO- Medical Laboratory Observer and CLR-Clinical Laboratory Reference.