Announced
Financials
Sources
Tags
Natural
Acquisition
Health Care Services
Completed
Private
Medical Services
Private Equity
healthcare consultancy
United Kingdom
Single Bidder
Majority
Synopsis
Lucid Group, a portfolio company of private equity investor Lloyds Development Capital and a specialist in healthcare communications, has acquired healthcare consultancy Healthcare 21. Financial terms were not disclosed. Both Lucid Group and HealthCare21 clients will experience significant benefits from this new relationship with direct access to diverse, larger teams, editorial expertise, an immediate larger footprint in the North West of the UK. “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 med comms, 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. With a strong cultural alignment, HealthCare21’s talent and capability will be instrumental in enhancing our audience reach and engagement, helping transform lives. This brings us ever closer to our vision of changing patients’ lives through communication.” Dennis O’Brien, Lucid Co-founder and CEO.
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