The Wellness Network Acquires HealthStyle Press
NEW YORK, June 13, 2012 -- The Wellness Network, owner of The Patient Channel and The Newborn Channel, today announced that it has acquired HealthStyle Press.
HealthStyle Press publishes America’s Health Guides,™ passport-sized health education booklets for every stage of life, aimed at the public health sector, managed care organizations and aging health populations.
"Beyond the 20 million patients we reach every year through our hospital TV channels, we will now reach millions more people in their homes and health clinics with informative, easy-to-read printed materials," said Matthew Davidge, President of The Wellness Network. “We have plans to expand and acquire more companies in the next twelve months,” he added.
"Over the last twenty years, we've served health organizations in all fifty States and many government agencies, said Jim Kahl, Founder, President of HealthStyle Press. “We’re looking forward to integrating The Wellness Network’s interactive video technology and expanding our team so we can take HealthStyle Press to the next level."
This is the fourth acquisition since 2008 for The Wellness Network owners Matthew Davidge and Joe Covey through their holding company, Interactivation. Prior acquisitions were the cable TV networks Mag Rack in 2008 and Concert TV in 2009 and hospital TV networks The Patient Channel and The Newborn Channel in 2010.
Financial terms of the HealthStyle Press acquisition were not disclosed. HealthStyle Press was advised by Pentvia Partners.
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