Berkery Noyes announced today that the firm represented CompareNetworks, Inc. in its acquisition of International Scientific Communications (ISC) assets. Terms of the transactions, were not disclosed.
CompareNetworks, Inc., a leading provider of online b-to-b marketplaces for the scientific and healthcare industries, today acquired the titles of American Laboratory and American Biotechnology Laboratory from International Scientific Communications (ISC), Shelton, CT, and will combine these assets with Labcompare, the CompareNetworks property that services the chemical, environmental and general laboratory markets.
The newly merged entity will join the world class content from American Laboratory and American Biotechnology Laboratory publications with Labcompare’s state-of-the-art product marketplace platform and interactive services, creating the ultimate technology and product information guide for laboratory professionals worldwide. Laboratory scientists across all disciplines will be able to stay up-to-date with the latest technology advances, discover the products and services that best meet their needs, and make more informed purchasing decisions. Together, American Laboratory and Labcompare will enable more than 200,000 scientists each month to make better and quicker decisions at all points along their research and buying cycle.
In addition, suppliers now have access to the largest and most accurate list of registered users in the laboratory market along with a comprehensive suite of ROI-based marketing channels to connect with these buyers.
Berkery Noyes acted as exclusive financial advisor to CompareNetworks, Inc on the acquisition. Berkery Noyes has been involved with many of the most notable transactions in the healthcare, pharmaceutical tools and services, and medical marketing sectors involving both strategic and financial buyers and sellers.