Lucid Group completes acquisition of North West-based healthcare consultancy

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.”


Share this article



Latest Businesses for Sale

Private Dental Practice
West Yorkshire, Yorkshire and the Humber, UK

Associate led. Highly profitable. Town centre located. Parking nearby.Direct access via public transport. Huge potential for growth. Excellent reputation. 2nd site available. Offers invited.

Asking Price: £733,800
Turnover: £743,665

LEASEHOLD


Mixed Dental Practice
Dorset, UK Wide

Established in the early 1900's. Traditional mixed dental practice. Free parking for all staff and patients. Shops and local amenities are within walking distance. Owner willing to remain working at the practice post sale if required. Offers invited.

Asking Price: £1,013,867
Turnover: £737,628

LEASEHOLD


Private Dental Practice
Lancashire, UK Wide

High Street location close to residential area. Free on street parking. Plenty of shops and services are located nearby. Modern practice fully digitalised. Large shop frontage very eye catching. Offers invited.

Asking Price: £967,538
Turnover: £618,296

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
29
 
May
 

Monsoon Accessorize close to administration | ADMINISTRATION

Fashion retailer Monsoon Accessorize is close to entering ad...

 
28
 
May
 

M&G completes purchase of Ascentric platform from Royal London | BUSINESS SALE

Asset manager M&G has completed the purchase of wealth manag...

 
27
 
May
 

Food-to-go supplier calls in administrators | ADMINISTRATION

Adelie Foods, one of Britain’s biggest suppliers of sa...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
16
 
Sep
 

Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI

SRL Traffic Systems, a manufacturer and supplier of portable...

 
24
 
Nov
 

Estate agency completes acquisition | BUSINESS SALE

Linley & Simpson, the estate agency funded by private equity...

 
05
 
Aug
 

Tech-enabled lockers firm Bybox undertakes an MBO | MBO/MBI

ByBox, the Oxfordshire business behind a network of unmanned...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources