October 4, 2010 – KnowledgePoint360 Group, a global leader in communications and information services for healthcare professionals, has acquired TGaS Advisors, LLC, the premier provider of benchmark-based advisory services to the pharma and biotech industry.
TGaS Advisors, founded in 2004, is dedicated to answering the key question, “How do other pharmaceutical companies do ‘it’?” TGaS offers unique benchmarking and advisory services for clients in Sales Operations, Marketing Sciences & Operations, Managed Markets, PDMA Compliance, Internet and Relationship Marketing, Training & Development, Commercial Compliance, and other key areas relevant to pharma and biotech companies.
KnowledgePoint360 provides a broad range of medical communications services from offices in the U.S., the U.K., and Germany, including medical education, publication support, live educational meetings ranging from international congresses to dinner meetings, scientific content development, exhibit design, digital solutions, training, workflow and compliance solutions to support speaker programs, and strategic consulting.
“The services of TGaS Advisors fit perfectly with KnowledgePoint360’s mission of providing insight, innovation, and integrity in healthcare information,” stated Jon Bigelow, president and CEO of KnowledgePoint360. “TGaS Advisors gathers and delivers vital data in a truly innovative manner to provide insights that companies use to make better decisions, and the experienced TGaS staff brings further depth to our expert team. Further, having been listed among the Inc.500 fastest-growing companies three consecutive years, TGaS Advisors will add to the strong record of consistent year-on-year growth already achieved by KnowledgePoint360,” Mr. Bigelow said.
“We feel that KnowledgePoint360 is an excellent match to acquire TGaS Advisors, and will help us progress to the next phase in broadening our advisory capabilities, such as services for global clients,” said Stephen Gerard, Managing Director and Founder of TGaS Advisors. “After seven years in business, it made sense for TGaS to seek an acquirer that can accelerate our vision and where we can play a key role in the acquirer’s vision. KnowledgePoint360 represents an ideal match.”
Mr. Gerard will continue as president of TGaS Advisors, which will become an operating division of KnowledgePoint360. All TGaS staff will continue with the company. Terms of the transaction, which closed on October 1, were not announced.
KnowledgePoint360 businesses include ACUMED, BlueMomentum, Clinical Bridges, CodonMedical, eMedFusion, FireKite, Gardiner-Caldwell Communications, GeoMed, Interphase, Physicians World, Physicians World Europe, Physicians World Speakers Bureau, Scientific Connexions, StemScientific, and TGaS Advisors. Headquarters are in Secaucus, N.J., with additional offices in Macclesfield, Maidenhead, and London, U.K.; Newtown and East Norriton, Pa., New York, Chicago, and San Bruno, Calif.; and Mannheim, Germany. For more information, visit www.knowledgepoint360.com or www.tgas.com.