McCracken Advisory Partners served as Exclusive Financial Advisor to StoneArch
As part of its bold growth plans, Fishawack Health announces the acquisition of StoneArch, an award-winning healthcare marketing agency, based in Minneapolis, with a strong reputation in the medical device and health technology sector
January 13, 2021 – Fishawack Health, a leading global commercialization partner for the life sciences industry, announces the acquisition of StoneArch, a Minneapolis-based healthcare marketing agency, renowned for its strategic, creative, and storytelling capabilities.
StoneArch brings with it more than 35 years of experience in content creation and storytelling for the healthcare industry—some of the most sought-after aspects of marketing today. The firm partners with clients across the entire spectrum of the healthcare industry, creating omnichannel campaigns centered on value-added content that connect healthcare professionals and patients with the knowledge they need to live better lives.
It has a strong presence in pharmaceuticals, health insurance, and care delivery, as well as the medical device and health technology space, bringing an exciting range of innovative clients
to the growing client base at Fishawack Health, which already includes all top 20 pharmaceutical companies and a host of pioneering biotechnology organizations.
Fishawack Health Co-founder and Chief Executive Officer, Oliver Dennis, elaborated, “Our healthcare clients are looking for a new breed of partner with skills in scientific, strategic, and creative innovation and the agility needed to develop, launch, and grow brands in a complex and crowded marketplace. StoneArch brings strategic, creative, and storytelling skills, while their office in Minneapolis—an important healthcare center of excellence—is an exciting addition to our US footprint. We’re delighted to add StoneArch to the group, which follows the recent addition of The Hive Health Group, also experts in patient engagement and scientific storytelling.”
Gail Flockhart, Fishawack Health Group President added, “Our goal is to give all our clients access to a highly experienced pool of scientific, strategic, and creative experts who offer integrated commercial services across the entire product life cycle. StoneArch has an innovative outlook and its unique ability to take complex business challenges and provide engaging content that truly resonates with stakeholders is an asset, particularly in the highly competitive life science and health technology spaces.”
Building on the consolidation’s attributes, President and Chief Executive Officer of StoneArch Marcia Miller, said: “The Fishawack Health leadership team is first class. The company has a strong identity, vision, and values, a newly integrated operating model, and an entrepreneurial spirit. We immediately knew they were the perfect match for us. We’re excited to offer our clients wider resources and a stronger offering that extends our services—in insight, market access, experience and service design, scientific meetings, publications planning, and media offerings.
About Fishawack Health:
Fishawack Health is the leading global commercialization partner for the modern life science era. Established in 2001 and headquartered in the UK, the organization is powered by 950+ globe-spanning members of a pack of strategic, creative, and scientific experts. We aim to drive change with HCPs and affect patient lives.
Our 3 core operating units—Medical Communications, Consulting, and Commercial—bring together best-in-class capabilities from around the world. We empower our clients in global pharmaceuticals, innovative biotech, and medical device technology to navigate the most complex ecosystems while embarking on a faster, more efficient path to developing, launching, and growing their brands and portfolios.
Our internationally recognized, award-winning teams collaborate across operations in the UK (Brighton, London, Manchester, and Oxford) and in the US (Evansville, New York, Philadelphia, Scottsdale, St Louis, and San Diego).
Visit us at www.fishawack.com and follow us on Twitter and LinkedIn.
About StoneArch:
In the health space, who you choose to tell your story is critical. At StoneArch, we take that responsibility seriously. We’re an award-winning healthcare marketing agency based in Minneapolis, and we believe every health decision should be made with clarity and conviction.
We push ourselves to go beyond features and deliver work that clarifies, unifies, and humanizes our clients’ offerings. A keen understanding of the industry allows us to create stories that produce connections at every level by striking the right balance of clinical credibility, financial realities, and human experience. More at www.stonearchcreative.com
Advisers involved in this transaction included:
KPMG Glasgow and Manchester acted on behalf of Fishawack Health for financial tax due diligence; Hill Dickinson LLP, Manchester and Sheppard Mullin, San Diego, provided legal support. McCracken Advisory Partners, a leading merger, and acquisitions investment banking firm, acted as financial advisor to StoneArch. Fredrikson & Byron, PA also provided legal support.
