MTS Health Investors Completes Recapitalization of Medical Knowledge Group, LLC

NEW YORK–(BUSINESS WIRE)– MTS Health Investors, LLC (“MTS”), the New York-based healthcare private
equity firm, announced that funds managed by MTS have completed a
recapitalization of Medical Knowledge Group, LLC (“Medical Knowledge
Group” or the “Company”). Headquartered in New York City, Medical
Knowledge Group is an analytics-driven and technology-enabled
multi-channel healthcare marketing and communications provider servicing
the biopharmaceutical industry. MTS has partnered with Medical Knowledge
Group’s existing senior management team to recapitalize the business and
to provide additional capital to support future growth. The existing
management team will maintain a significant minority ownership position
in the Company going forward. Terms of the transaction were not
disclosed.

Leon Behar, Medical Knowledge Group’s Chief Executive Officer,
commented, “We are excited to partner with MTS as we enter the next
phase of our growth strategy. MTS’s extensive knowledge of the
healthcare space and strong network of relationships make them the ideal
partner to help us provide additional value to our clients and identify
new avenues for growth.”

“We are pleased to be partnering with Medical Knowledge Group’s talented
leadership team,” said CJ Burnes, Principal with MTS. “The Medical
Knowledge Group team has built a clear and differentiated market leader
in the technology-enabled medical communications space. The Company has
an exceptional reputation for translating complex science into highly
effective market shaping strategies through the integration of their
marketing and medical expertise with sophisticated data analytics
capabilities. We look forward to supporting their continued growth.”

MTS Senior Managing Director, Curtis Lane, said, “Our investment in
Medical Knowledge Group is consistent with MTS’s investment strategy to
proactively identify market leaders in targeted healthcare industry
sectors. MTS has spent significant time evaluating opportunities in the
technology-enabled pharma services sector and we believe that Medical
Knowledge Group represents an ideal investment platform for MTS to
provide additional financial and operational resources and to pursue new
opportunities for growth.”

About Medical Knowledge Group

Medical Knowledge Group is a New York based, independent
analytics-driven and technology-enabled multi-channel marketing
solutions provider serving marketing, medical affairs, and stakeholder
relations teams at biopharmaceutical companies throughout the entire
product lifecycle. Medical Knowledge Group has a diverse roster of
clients ranging from niche biotech and diagnostic companies to some of
the world’s largest companies in the industry. The Company is an
analytics-centric, strategic marketing solutions provider that partners
with clients to translate the complex science and abundant data behind
their brands into market shaping strategies that maximize their
commercial potential.

About MTS

MTS Health Investors, LLC (« MTS ») makes equity investments in companies
that operate within the services sectors of the healthcare industry. We
focus on companies with profitable business models and a demonstrated
ability to deliver cost-effective solutions. MTS manages over $700
million in investments and is currently investing out of its fourth
fund. We are based in New York City and invest in companies throughout
the United States.

For more information, please email us at MTSHealthInvestorsIR@mtspartners.com.

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