Thu, 12 Sep 2019 | BUSINESS SALE
Healthcare communication specialists, Lucid Group, has successfully completed the acquisition of HealthCare21 healthcare consultancy with the help of LDC private equity firm.
HealthCare21 has been in operation for over 23 years, producing healthcare programmes and materials specialising in content creation, editorial, digital and scientific strategy. It has offices in the north west of England, Singapore and Dubai.
Similarly, Lucid Group provides medical communication services, with companies like Bluedog, Leading Edge, Lighthouse, Lucid Partners and ViVid as part of its portfolio.
The acquisition will allow both companies to expand on its range of services and enhance its relationships with new clients in new markets.
One of Lucid Group’s co-founder, Dennis O’Brien, said: “This is a perfect match and builds on Lucid’s leadership position in medical communication.
“We have developed a reputation for excellent strategic consultancy, impactful medcomms, digital excellence, and creative execution. HealthCare21 brings further scientific and editorial expertise to increase our offering to our clients and bring more opportunities for our teams.”
HealthCare21’s managing director, Cliff Wyatt, added: “With our strongest ever year in 2018, this is a good time for us to capitalise on this momentum, benefit from better infrastructure and additional capabilities like behaviour change and establish ourselves further as the partner of choice for our clients.”
Lucid Group and the deal have been backed by private equity firm LDC since 2017, which has assisted Lucid over time develop and grow its portfolio of services through acquisitions.
LDC’s director, Christian Bruning, commented: “Under Dennis's leadership, Lucid continues to increase its reach and diversify its service offering through strategic complementary acquisitions.
“This is Lucid's second acquisition this year after creative digital consultancy Bluedog joined the group in February.
“It represents another positive step in the firm’s ambitious strategy to expand overseas and establish itself as a leading international provider of healthcare communications.”
Presenting to the market a residential care home located in a predominantly residential area with potential to extend.
FREEHOLD
West Midlands highly regarded nursing facility registered for 35 service users. With experienced long-standing staff with a full-time manager.
LEASEHOLD
North Wales sought-after residential living facilitiy registered for 19 residents, located in a predominantly residential area.
FREEHOLD
24
|
Apr
|
Middlesbrough metal recycling firm acquired from administration | BUSINESS SALE
Cupral Group Limited, a metal recycling business based in Mi...
24
|
Apr
|
Automotive parts supplier secures PE backing | BUSINESS SALE
Rimmer Bros, a Lincoln-based restorer and supplier of replac...
24
|
Apr
|
Kitchen firm expands construction sector offering with new acquisition | BUSINESS SALE
Nolte Kitchens UK has completed the acquisition of contracts...
22
|
Aug
|
Private equity firm backs warehouse safety group’s buy and build strategy | BUSINESS NEWS
Private equity firm LDC’s West Midlands team has backe...
05
|
Mar
|
Private equity-backed Onecom completes 9 Group acquisition | BUSINESS SALE
Telecoms and cloud services provider OneCom, which is backed...
16
|
Sep
|
Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI
SRL Traffic Systems, a manufacturer and supplier of portable...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.