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Acquisition Creates One of Japan’s Largest Specialized Digital Point-of-Care Ad Networks
New York, October 21, 2022 /PRNewswire/ — CheckedUp (or “we” or “we”), one of the leading providers of 100% digital healthcare solutions at the point of care, today announced the announcement of health media network (“HMN”), a provider of digital solutions. announced the acquisition. We provide healthcare solutions and wellness content to health facilities nationwide. Financial terms of the transaction were not disclosed. CheckedUp is backed by Rockbridge Growth Equity (“Rockbridge”), a partnership-oriented middle market private equity firm that takes a differentiated approach to building and growing companies.
The deal brings together two of the largest companies in the digital outdoor point-of-care space and changes the landscape of the market. This combination creates a large digital network with a focus on innovation and dedicated customer service and support. HMN will expand the breadth of its network and provide a foothold in key healthcare industries, complementing CheckedUp’s existing footprint. The combined business provides an opportunity to offer a broader and deeper product offering to a wider range of customers in healthcare.
CheckedUp CEO Dr. Richard Awdeh said: “In parallel with our growth, CheckedUp continues to be committed to a customer-centric engagement and support model by investing in new cutting-edge technologies and offering the most innovative products in the point-of-care space. .”
CheckedUp co-founder Mark Oday “When we founded the company 10 years ago, we changed the landscape of point-of-care technology, and we look forward to further disrupting the industry with this next stage of development.”
Head office location Norwalk, Connecticut, HMN provides premium in-office communication tools and video content to create a more meaningful experience for patients, caregivers and healthcare professionals. HMN’s assets include an internet-connected, addressable digital TV network spanning therapeutic specialties such as cardiology, neurology, women’s health, infectious diseases, and custom publishing curated by office location. of wallboards and wellness literature. Content is updated daily in healthcare networks for women, men, families, children and pets, as well as networks dedicated to specific conditions such as cardiology and orthopedics.
Founded by ophthalmologists Dr. Awdeh and Mark Awdeh, CheckedUp helps providers and patients make treatment decisions through digital technologies such as waiting room displays and interactive digital wallboards. CheckedUp’s technology transmits disease and treatment information through digital networks at critical moments when medical decisions are made. In recent years, our company has entered a period of rapid growth.
“The need for quality healthcare content at the point of care continues to grow, and the combination of CheckedUp and HMN creates a company with the capacity, reach and medical expertise to meet this demand.” Kevin Prokop, Managing Partner of Rockbridge Growth Equity. “When Rockbridge invested in CheckedUp, we saw an opportunity to grow the platform through strategic acquisitions. We are delighted to further develop this landmark acquisition.”
HMN is represented by Covington Associates, Carmody Torrance Sandak & Hennessey, and CheckedUp were represented by Honigman and Greenberg Traurig. Senior debt financing was provided by Comvest.
About CheckedUp
CheckedUp is a physician-founded digital patient education company that actively engages patients, caregivers and physicians at the point of care. The company is one of the largest national, specialty-focused, 100% digital point-of-care networks in the United States, offering a wide range of digital displays, including waiting room TVs and specialty interactive lab digital wallboards. Provide condition-specific and proactive patient engagement through touch points. Healthcare provider offices and health hospital systems nationwide. For more information on CheckedUp, please visit www.checkedup.com.
About Rockbridge Growth Equity
Founded in 2007, Rockbridge Growth Equity is a mid-market company committed to helping both founder-run and established companies accelerate growth and build long-term, sustainable value. is a private equity firm. Rockbridge combines the flexibility of financial sponsorship with the benefits of strategic partnerships by leveraging the company’s relationships with the Rock Family of Companies, which provide access to industry and functional expertise. As of the end of 2021, the regulated assets managed by Rockbridge will be $1.2 billion Across target sectors: e-commerce and marketing services, financial services and fintech, tech-enabled products and services, and digital media. For more information, please visit www.rbequity.com.
contact:
Lambert
Jennifer Herson
845-507-0571
[email protected]
Also
Megan Bowman
616-780-1610
[email protected]
Source CheckedUp; Rockbridge Growth Equity
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