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New Deal


Announced

Ares to invest in The Lockwood Group.

Financials

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

Tags

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Domestic

clinical solutions

Minority

Health Care Services

Friendly

Acquisition

Single Bidder

therapeutic solutions

Pending

United States

Private Equity

Private

Synopsis

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Ares, a private equity group, agreed to invest in The Lockwood Group, a firm that communicates clinical and therapeutic advances to every type of medical expert, healthcare practitioner, and decision maker. Financial terms were not disclosed. "We are excited to find in Ares a partner that appreciates our differentiated culture, deep scientific expertise, and close-knit community of teammates. Ares brings a wealth of resources and experience that we believe will help Lockwood accelerate growth by investing in our people, customers, and capabilities. Our team is energized by the opportunity ahead of us," Matthew Schecter, Lockwood President and CEO.

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