Exclusive financial advisor to Coliquio
KPMG Corporate Finance acted as exclusive financial advisor to coliquio
A global team of KPMG Corporate Finance professionals from KPMG Corporate Finance LLC in the U.S. and KPMG Deal Advisory in Germany and (collectively “KPMG”) are pleased to announce that coliquio (“coliquio” or the “Company”) has been sold to WebMD Health Corp., an Internet Brands company.
Coliquio is a leading information platform for physicians in the German-speaking countries. Physicians discuss patient cases, get personalized top-notch information updates, and can directly interact with world-leading experts.
The acquisition combines the core competencies of coliquio, a leading digital medical information company for German-speaking physicians with that of Medscape, WebMD's flagship brand for healthcare professionals.
The addition of coliquio will build on Medscape's global source of clinical news, health information, education and point-of-care tools worldwide. Medscape and its affiliate network of platforms currently reach over 5 million physicians worldwide of which over 4 million physicians are outside the US.
"At coliquio, our mission is to enable physicians to make better decisions by connecting them with their peers, offering educational content of the highest quality and providing direct access to world-leading experts. We share big parts of that mission with Medscape; together we will be able to follow through on it with greatly increased power," said Martin Drees, Founder and CEO of coliquio. "We are excited to join forces with the WebMD team; it's the best-possible next step in our growth story."
"Coliquio is an excellent addition to our global presence," said Jeremy Schneider, Senior Vice President and Group General Manager, WebMD Global. "Together, we can leverage our combined strengths to extend our reach and engagement to healthcare professionals in Europe and increase our value to customers through our best-in-class digital channels."
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