Partnership with Monitor Clipper Partners will strengthen agency’s financial and strategic resources
Berkeley Heights, N.J., May 10, 2007 -- Access Communications, LLC, a premier strategic health care marketing and communications agency, announces that is has recapitalized its ownership structure by partnering with Monitor Clipper Partners (MCP), a private equity firm based in Cambridge, Mass. The partnership will provide Access with greater resources to achieve its long-term growth objectives and continued success.
Founded in 1997 and led by a team of experienced health care marketers, Access Communications provides pharmaceutical and biotechnology clients with a unique, outcomes-based approach to gaining access to and building relationships with key decision makers. The collective agency resources have provided significant market traction to propel Access to becoming a leading strategic and creative partner for numerous pharmaceutical clients throughout the United States.
“Over the past decade, Access Communications has developed a unique position in the industry with its ability to provide clients with market-defining programming,” said Adam Doctoroff, Principal of Monitor Clipper Partners. “The Company has experienced steady growth since its inception, expanding its services in the managed markets, promotional and medical education arenas while expanding its client base and geographic presence. We are truly excited to be partnering with such an impressive management team.”
“MCP’s understanding of our business, and their relationships in our industry make them an ideal partner to help us continue our success and growth,” said Michael Mitrow, Jr., Chief Executive Officer of Access Communications. “We share with Monitor Clipper Partners a common vision of expanding Access’ value through continued organic growth and a focused acquisition plan targeting businesses that will complement our core capabilities.”
About Access Communications, LLC
Access Communications, LLC, is a leading health care marketing agency headquartered in Berkeley Heights, N.J., with offices in New York City, Summit, N.J., San Diego, Calif., and Chicago, Ill. The company offers pharmaceutical, biopharmaceutical and specialty medical clients a vast portfolio of integrated payer, purchaser, prescriber, and patient programs, as well as promotional and medical education services. Access Communications has several wholly-owned subsidiaries to better serve the specific needs of its clients. MedAccess is the agency’s signature medical education business. StrataMed is the accredited medical education subsidiary of Access Communications. To learn more about Access Communications, please visit www.acinj.com.
About Monitor Clipper Partners
Monitor Clipper Partners is a private equity firm formed in 1998 to invest in middle market management buyouts, recapitalizations and growth equity financings. MCP partners with strong management teams that can benefit from MCP’s privileged relationship with Monitor Group, one of the world’s leading strategy consulting firms. MCP currently manages over $1.5 billion of capital and has invested approximately $1.2 billion in 25 transactions since making its first investment in February 1999.