Travers Smith advises Ascential plc on acquisition of Health Service Journal by Wilmington plcThursday, 23 March 2017
Thursday, 2 February 2017
Travers Smith LLP has advised Ascential plc on the sale of Health Service Journal (HSJ) to Wilmington plc, which was announced on 19 January and completed on 31 January 2017.
On 5 January 2017 Ascential announced that it had separated 13 heritage brands into a separate operating entity and that these brands would develop an independent business strategy while new owners were sought. The sale of HSJ to Wilmington marks the first sale in this process.
HSJ is a leading source of information for both public and private health professionals.
The Travers Smith team was led by corporate partner Edmund Reed with support from associates Jess Kolhorn and Ed Pike. Commercial advice was provided by commercial, IP and technology partner Dan Reavill with support from Ashley Avery. Specialist employment advice was provided by Head of Employment Tim Gilbert with support from associate Adam Wyman.