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

Hair Loss Centre
Manchester, North West, UK

Best Hair Loss Centre in Manchester, Promed Surgical. The business was established over 7 years ago, only now does the business come to the market as our clients are embarking on another business venture. The business is owner managed with help from...

Asking Price: £449,995
Turnover: £363,124

LEASEHOLD


Private Dentistry Practice
London, UK

South West London Dental Practice for Sale. High End private Practice in Affluent City Development. 3 Surgery Practice with Potential for Further Surgeries. Offers invited.

Asking Price: £575,000
Turnover: £443,000

LEASEHOLD


Dental Practice
London, UK

Practice: Mixed. Tenure: Flexible. Busy High Street Location. Large Scope for Further Principal Led Growth. Offers invited.

Asking Price: £695,000
Turnover: £458,000


View more businesses for sale

News Search

Latest News

 
31
 
Mar
 

Coronavirus Business Interruption Loan Scheme to cover business acquisitions | BUSINESS NEWS

The UK government has launched the Coronavirus Business Inte...

 
30
 
Mar
 

Tech group The Panoply acquires consultancy firm Ameo | BUSINESS SALE

Business consultancy firm Ameo has been acquired by AIM-list...

 
27
 
Mar
 

Addison Lee acquired by consortium of investors | BUSINESS SALE

Addison Lee Group, London’s biggest private care hire ...

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