Intermediate Capital Group completed the acquisition of Lucid from LDC.

Private equity firm Intermediate Capital Group completed the acquisition of Lucid, a global multi-capability healthcare communications company, from LDC, a mid-market private equity firm. Financial terms were not disclosed. “ICG is a leading global alternative asset manager, with a long and successful track record of providing capital to support founder-led growing businesses like Lucid Group. We have admired Lucid Group and its reputation within the industry for many years. Through our partnership, together, we can leverage Lucid’s ambition and our sector expertise to build a truly global healthcare communications organisation,” Peter Kirtley, ICG Managing Director.