HMP Global Expands Dermatology Portfolio with MCD Acquisition
Deal News | May 06, 2025 | Troutman Pepper Locke, LLP
Troutman Pepper Locke, a prominent legal advisory firm, represented HMP Global in its acquisition of Masterclasses in Dermatology (MCD). HMP Global, an omnichannel healthcare firm active in delivering educational resources to healthcare professionals, aims to enhance its dermatology offerings through this acquisition. As a portfolio company of Susquehanna Growth Equity, this move aligns with HMP's strategic goal to bolster clinical knowledge within the sector. The acquisition of MCD not only expands HMP’s dermatology services but also integrates APP+, a successful series designed for dermatologic care providers. Troutman Pepper Locke, a top-tier practice recognized for handling strategic deals, led the legal advisement with a team headed by Brandon Raphael, Matthew Greenberg, Raffaele Cicala, and Lele Meng. The acquisition signifies HMP's commitment to improving patient outcomes and underscores its position within the healthcare education space.
Sectors
- Healthcare and Life Sciences
- Legal Services
- Private Equity
Geography
- United States – Troutman Pepper Locke is a leading law firm in the United States, and both HMP Global and Masterclasses in Dermatology operate within this geography.
Industry
- Healthcare and Life Sciences – This industry is relevant as HMP Global operates primarily in the delivery of healthcare education and insights.
- Legal Services – Troutman Pepper Locke is a legal advisory firm involved in this acquisition.
- Private Equity – Susquehanna Growth Equity is a private equity firm specializing in the healthcare sector's strategic growth, backing HMP Global.
Financials
- Not Disclosed – The financial details of the acquisition between HMP Global and Masterclasses in Dermatology were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HMP Global | Acquirer | Company | An omnichannel healthcare firm focused on education and market insights for healthcare professionals. |
| Masterclasses in Dermatology (MCD) | Target Company | Company | A provider of CME-accredited live events and programming for dermatology professionals. |
| Troutman Pepper Locke | Legal Advisor | Company | A legal firm advising on corporate transactions and strategic deals for major industry sectors. |
| Susquehanna Growth Equity | Private Equity Firm | Company | A private equity firm with an active investment in HMP Global, supporting its strategic growth. |