| In 1996, TA Associates, through a combination of equity and bank debt, purchased 70% of the stock from the existing management. After the purchase, TA assisted the company in building its strategic plan of growth. Working with TA, Boron LePore then acquired several businesses, including a de novo effort in Symposia (large speaker training meetings) and medical education, broadening its customer base. After increasing revenues by nearly 100%, the company completed a successful IPO in 1997 and secondary offering in 1998.
Roger Kafker and Jacqui Morby served on the Board of Boron LePore. |
