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PCP invests in mdBriefCase

Persistence Capital Partners (PCP) has made a significant equity investment in Canada and Australia's leading provider of online continuing health education, mdBriefCase Group. 

Founded in 2001, mdBriefCase provides continuing health and medical education programs for pharmacists, nurses, family physicians, specialists and patients.  Providing free, multimedia interactive learning programs, mdBriefCase is a primary source of accredited continuing education for thousands of healthcare professionals.  Its high quality programs are accredited by mdBriefCase's leading medical institutional and organisational partners. Headquartered in Toronto, Canada with significant operations in Sydney, Australia, mdBriefCase has a team of over 40 employees.

John Trang, Principal at PCP, a private equity fund exclusively focused on growth and buyout opportunities in Canadian healthcare, says: "We are thrilled to support and partner with mdBriefCase.  They lead the way in providing quality education programs for healthcare professionals and patients.  The team at mdBriefCase has built a truly unique place to get up-to-date education on the latest healthcare topics, while providing its users with a convenient and innovative platform that meets the needs of busy healthcare professionals and patients."

"Our partnership with PCP will help to strengthen our position as the leading provider in online health education programs and accelerate our expansion into new markets, technologies and geographies." says Greg Cook, Founder and Chief Executive Officer at mdBriefCase. "Dan Denomme, President of mdBriefCase, Canada, and Derek Bryan, Managing Director, Australia, will continue to be an integral part of our growth strategy, leading their respective teams and servicing our valued clients."

Denomme says: "We are proud that PCP has recognised our success as a company, as well as the value of our programs and services.  Along with our strong team and partners, we will continue to provide current, innovative and informative programs to over 125,000 members."

Stuart M Elman, Managing Partner at PCP, says: "Working with proven management teams, while bringing PCP's deep industry knowledge, experience and relationships, is core to our successful investment strategy.  mdBriefCase is our fifth platform investment in our latest fund, and we are excited to welcome mdBriefCase into our portfolio of companies."

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