DW Healthcare Partners, a Toronto-based healthcare-focused private equity firm, recently announced that it has invested in the online medical education platform Med Learning Group (MLG).
The amount of the deal was not disclosed.
Med Learning Group, formerly a division of Ultimate Medical Academy, is a full-service medical education company that holds an Accreditation with ACCME. It focuses on developing, implementing, and measuring online and in-person continuing education that improves healthcare practitioners’ ability to provide optimal care to patients.
New York-based MLG works with many pharmaceutical companies around the world in creating engaging content that utilizes the latest trends in available technology and utilizes outcomes measurement and reporting.
Commenting on the investment, Aly Champsi, Managing Director at DWHP, said in a statement,
We are thrilled to be partnering with the team at MLG. We look forward to supporting their initiatives to grow their innovative Continuing Medical Education (CME) offerings.
Matt Frese, President at MLG, said,
The partnership with DWHP is exciting for us, and we are eager about the experience they provide. This new phase of growth of the business is crucial to its ongoing success, and we believe that the experience DWHP brings to the table will help push us forward to meet the needs of more doctors and patients.
MLG plans to use the investment to accelerate growth and expand operations.
founded in 2002, DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $1.2 billion in aggregate capital commitments and invests in healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 120 years of combined industry experience. The firm provides capital, strategic guidance, and acquisition expertise to help mid-stage companies grow and scale.