AHC Media Acquired by Local Executives and Lone Peak Capital Group
August 2, 2013
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ATLANTA, Aug. 2, 2013 /PRNewswire-USNewswire/ — Atlanta-based AHC Media has been acquired by local industry executives and Lone Peak Capital Group.
David R. Fournier, the new CEO of AHC Media LLC, has a long history of success in the technology and publishing industries. Brand Director Beth Schilling has over 25 years’ experience in pharmaceutical and healthcare sales and marketing.
Lone Peak Capital Group, located in Atlanta and founded by Ana Kolar, Brian Simmons, and Kyle Tomlin, is a private investments firm that also provides corporate financial solutions.
AHC Media’s ownership has come full circle. In 1974, Leslie C. Norins, MD, PhD, started American Health Consultants (AHC) in Atlanta, growing the medical publishing company to one of the largest providers of medical education in the world. The company was most recently owned by Thompson Media Group, which is located in Washington, DC. The acquiring partners have retained all company employees and will keep the company’s headquarters in Buckhead.
“AHC Media has a 4-decade history as the most award-winning healthcare information source,” noted CEO David Fournier. “The management team looks forward to furthering that tradition by enhancing our customers’ knowledge through delivery of the best content in the medical industry.”
AHC Media’s incisive, up-to-date information services are read by more than 25,000 professionals each month in the fields of clinical medicine, emergency care and hospital and healthcare management. Leading titles include Emergency Medicine Report, Hospital Infection Control & Prevention, and Hospital Case Management.
“AHC Media represents our first investment in the rapidly growing healthcare information industry,” added Kyle Tomlin, Lone Peak Capital Group’s Founding Partner. “We are excited that it is with a company with the great track record and reputation of AHC, and that it is being led by a CEO with whom we have great respect.”
About Lone Peak Capital Group
Lone Peak Capital Group LLC is a private investments firm that provides corporate financial solutions and makes associated strategic investments on behalf of its principals and/or its clients. Lone Peak was organized by principals of Riverside Advisors, LLC a premier global hedge fund firm. Lone Peak advises on and/or has deployed capital totaling roughly $500 million since its inception.
About AHC Media
For almost 40 years, professionals have relied on AHC Media to manage the complex web of regulatory requirements placed upon medical providers, practitioners, and suppliers. Our timely publications assist a range of professionals in the fields of clinical medicine and health care management.
SOURCE AHC Media