New York, January 12, 2009: The van Tulleken Company, a wholly owned subsidiary of Quayle Munro Holdings PLC, is pleased to announce it has advised the owner of Concept Media, a producer and distributor of award-winning education media for colleges, healthcare institutions, social service agencies and counselling centers worldwide, on the sale of the business to Delmar, for an undiclosed sum. Delmar, a part of Cengage Learning, is a leader in skills-based solutions for educational institutions, businesses and professionals. Van Tulleken was appointed as sole advisor to Concept Media and led the negotiations, structuring and execution of the transaction. Concept Media’s digital media library of education materials will be integrated into the healthcare group within Delmar’s Career and Professional Division complementing the existing product line of training and reference information for allied health and nursing customers. The addition of more than 500 Concept Media programs to Delmar’s vast offerings in nursing education will provide even greater choice of content and media format to students and instructors within the core nursing and allied health subject areas. Dave Garza, Vice President, Career Business Unit, Cengage Learning commented:“We are excited to expand our healthcare offerings to our customers with the addition of Concept Media, and with our newly extended product line will continue to make it our priority to reach both students and instructors with a real world, innovative and caring approach. Concept Media is well-known in the industry for its high quality multi-media content and its unique digital expertise will be a strong asset to our healthcare product line.” Robin Warner, Managing Director of van Tulleken said:“The acquisition of Concept Media, with its excellent reputation in nursing education and allied health will considerably bolster Cengage Learning’s position in the industry and provide a more multi-media approach to Delmar’s already strong program.” For further information: Robin Warner, The van Tulleken CompanyTel: +1 212 355 1390 John Kiely, Gemma Froggatt, SmithfieldTel: +44 20 7360 4900
New York, January 12, 2009: The van Tulleken Company, a wholly owned subsidiary of Quayle Munro Holdings PLC, is pleased to announce it has advised the owner of Concept Media, a producer and distributor of award-winning education media for colleges, healthcare institutions, social service agencies and counselling centers worldwide, on the sale of the business to Delmar, for an undiclosed sum. Delmar, a part of Cengage Learning, is a leader in skills-based solutions for educational institutions, businesses and professionals. Van Tulleken was appointed as sole advisor to Concept Media and led the negotiations, structuring and execution of the transaction.
Concept Media’s digital media library of education materials will be integrated into the healthcare group within Delmar’s Career and Professional Division complementing the existing product line of training and reference information for allied health and nursing customers. The addition of more than 500 Concept Media programs to Delmar’s vast offerings in nursing education will provide even greater choice of content and media format to students and instructors within the core nursing and allied health subject areas.
Dave Garza, Vice President, Career Business Unit, Cengage Learning commented:“We are excited to expand our healthcare offerings to our customers with the addition of Concept Media, and with our newly extended product line will continue to make it our priority to reach both students and instructors with a real world, innovative and caring approach. Concept Media is well-known in the industry for its high quality multi-media content and its unique digital expertise will be a strong asset to our healthcare product line.”
Robin Warner, Managing Director of van Tulleken said:“The acquisition of Concept Media, with its excellent reputation in nursing education and allied health will considerably bolster Cengage Learning’s position in the industry and provide a more multi-media approach to Delmar’s already strong program.”
For further information:
Robin Warner, The van Tulleken CompanyTel: +1 212 355 1390
John Kiely, Gemma Froggatt, SmithfieldTel: +44 20 7360 4900
Quayle Munro Limited is authorised and regulated by the Financial Services Authority Quayle Munro, Inc. is a member of FINRA/SIPC