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New Deal


Announced

Riverside-backed Clinical Education Alliance to acquire Agence L.I.V. from KDA for $13.5m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Canada

medical education

Education Services

Acquisition

Cross Border

Private

Single Bidder

Majority

Private Equity

Pending

Friendly

Synopsis

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Riverside-backed Clinical Education Alliance, which develops learning materials delivered through in-person or virtual events developed by on-staff scientific experts, agreed to acquire Agence L.I.V., an education management firm, from KDA for $13.5m. LIV operates a business of developing and supporting medical education initiatives, creating medical education content and supporting logistical organization of scientific meetings and exchanges related to the environment of medical education.

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