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New Deal


Announced

UDG Healthcare to acquire Canale Communications.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

communications agency

Majority

Friendly

Single Bidder

Acquisition

Media Agencies

Private

Pending

Synopsis

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UDG Healthcare, a international healthcare services provider, agreed to acquire Canale Communications, a strategic communications agency. Financial terms were not disclosed. CanaleComm will join Ashfield Healthcare Communications, UDG Healthcare’s global agency network. “The acquisition of CanaleComm by UDG Healthcare and the joining of forces with Ashfield Healthcare Communications’ network is the ideal platform as we look to grow a more robust service offering for our clients. UDG Healthcare’s focus on life sciences, complementary offering, and strong employee-first culture were all extremely attractive to CanaleComm. We are looking forward to being able to continue the strong growth trajectory that we have been on over the last nine years and being part of the broader UDG Healthcare family,” Carin Canale-Theakston, Canale Communications Founder and CEO.

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