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Great Point Partners Portfolio Company JPA Health Acquires akt health
GREENWICH, Conn. – July 22, 2024 – Great Point Partners (“GPP”), a Greenwich-based private investment firm focused exclusively on the health care industry, today announced that its portfolio company, JPA Health (“JPA”), completed the acquisition of London-based akt health, an award-winning communications agency recognized for its work in public relations, medical education, and patient engagement programs. The acquisition expands JPA Health’s global presence, strengthening its service offerings across the European health care industry.
JPA Health, a global full-service, integrated agency serving biopharmaceutical, medical device, non-profit, and public health clients, will now operate from offices across the U.S., UK, and Switzerland. Its strategic offerings include providing end-to-end integrated medical affairs, clinical development, commercial strategy, creative marketing, public relations, and patient advocacy solutions to clients. As part of the acquisition, akt health employees will join JPA, and akt health’s founders will be appointed as Executive Directors.
“We are delighted to welcome akt health into the growing network at JPA Health,” said Carrie Jones, CEO of JPA Health. “Its accomplished leadership team shares our core values and commitment to exceptional client service. While JPA Health has a strong track record supporting U.S. and global clients, we recognize the increasing importance of the European market to our clients’ businesses. akt’s deep understanding of these market complexities will be a valuable addition, enhancing our ability to deliver impactful healthcare solutions on a global scale.”
“The acquisition of akt continues JPA’s European expansion, adding infrastructure, capabilities and additional geographies for our global customers,” said Bret Tenenhaus, Principal at Great Point Partners. “We look forward to supporting JPA’s continued expansion as it scales through this impactful partnership and beyond,” added Steve Yenouskas, Vice President at GPP.
“At the heart of this integration are shared values and a belief that together, we can create work that truly transforms lives,” said Tim Cockroft, Executive Director at akt health. “We are hugely excited to be welcomed into the JPA Health family and to bring a new depth of European and UK expertise to this growing team. JPA and akt are both deeply committed to excellence in client service and fostering an agency culture that values its people. Through this alliance, we look forward to offering enhanced capabilities, passion and unrivaled creativity to our clients.”
This acquisition follows JPA’s recent purchase of medical communications agency BioCentric, Inc., and AI-driven solutions consultancy True North Solutions.
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About Great Point Partners
Great Point Partners, founded in 2003 and based in Greenwich, CT, is a leading health care investment firm with 30 professionals, investing in the United States, Canada, and Western Europe. GPP is currently making new minority and majority private equity investments from GPP IV. Great Point manages approximately $1.7B of capital (including committed and uncalled capital) in its private funds and public life sciences equity strategy (BioMedical Value Fund). Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 growing health care companies. The private equity funds invest across all sectors of the health care industry with a particular emphasis on biopharmaceutical services and supplies, alternate site care, medical device contract manufacturing and information technology enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies.
About JPA Health
JPA Health is an award-winning independent, full-service agency established in 2007. With offices across the U.S. and Europe, the agency seamlessly brings together flexible solutions in public relations, commercial marketing, patient advocacy, and medical communications across the health sector. Leveraging tailored AI solutions, JPA Health crafts seamless, 360-degree omnichannel strategies to engage healthcare stakeholders effectively. As a women-owned and independent agency, we are passionate about helping people live healthier lives and dedicated to pushing the boundaries of healthcare communications.
For more information about JPA Health and its comprehensive suite of services, please visit www.jpa.com.