logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Hmp Global Announces Landmark Acquisition Of Neuroscience Education Institute (Nei)

Jul 11, 2023•over 2 years ago

Acquiring Company

HMP Global

Acquired Company

Neuroscience Education Institute

Description

HMP Global, a leading omnichannel healthcare education and events company, today announced it has entered into a definitive agreement to acquire Neuroscience Education Institute (NEI), a privately held medical education company, and distinguished leader in psychopharmacology-based CNS (Central Nervous System) education. Financial terms of the agreement were not disclosed.

Company Information

Company

HMP Global

Location

Windsor Center Drive

About

HMP Global is the force behind Healthcare Made Practical—and is an omnichannel leader in healthcare events and education, with a mission to improve patient care. The company produces accredited medical education events – in person and online via its proprietary VRTX virtual platform – and clinically relevant, evidence-based content for the global healthcare community across a range of therapeutic areas. Its brands include Consultant360, the year-round, award-winning platform relied upon by primary care providers and other specialists; Psych Congress, the largest independent mental health meeting in the U.S.; EMS World Expo, North America's largest EMT and paramedic event; and the Symposium on Advanced Wound Care (SAWC), the largest wound care meeting in the world. For more information, visit hmpglobal.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed