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December 7, 2011
New Haven, Connecticut – December 7, 2011 – Woodbridge is pleased to announce the sale of its client Millennium Communications Group, LLC (MCG) based in Parsippany, New Jersey to DisplayWorks LLC, headquartered in Irvine, California.
MCG is a leading provider of innovative marketing, training, medical education and multimedia solutions to the pharmaceutical industry for over 15 years.
DisplayWorks produces exhibits, educational centers and events for a range of industries, and has a significant presence in the healthcare sector. The company is a portfolio holding of JPB Partners based in Columbia, Maryland. JPB Partners works with privately-held, lower-middle market companies and entrepreneurs to define and achieve strategic goals and objectives, realize the full potential of the corporation, and maximize the value of the enterprise.
“We’re excited about the new opportunities and capabilities this acquisition presents to MCG and our clients,” said MCG President & CEO Michael Fernandez. “We focus on strategic training and marketing programs for healthcare clients. DisplayWorks’ expands our national reach and gives us additional resources to further drive the sales building conversations between our clients and their prospects in the exhibit and conference space.”
Woodbridge is an international, marketing-driven M&A firm headquartered in New Haven, CT. The firm serves clients from its 10 North American offices and locations in the Netherlands, Mexico, Argentina, Brazil and Honduras.