LDC-backed Lucid Group Acquires Bluedog

ICG Acquires Lucid Group from LDC

March 10, 2021

Healthcare Services

Alternative asset manager ICG has acquired London-headquartered healthcare communications specialist Lucid Group from mid-market private equity firm LDC. Lucid, which employs around 250 staff and provides medical education, strategic consultancy and digital services to pharmaceutical clients, was backed by LDC since 2017 and grew revenues from about £12m to over £29m during the partnership.

Lucid Group Acquires HealthCare21

September 12, 2019

Healthcare Services

Lucid Group, backed by private equity partner LDC, has acquired HealthCare21, a 23-year-old healthcare communications consultancy. The add-on expands Lucid's scientific, editorial and digital capabilities and increases its footprint in the North West of the United Kingdom while supporting broader international reach.

LDC-backed Headland Acquires Bladonmore

November 3, 2025

Marketing & Advertising

LDC-backed communications consultancy Headland has acquired Bladonmore, an international digital, brand and content agency, to broaden Headland’s advisory capabilities and extend its international reach. Bladonmore — a roughly 50-strong team operating from London and New York — will remain a separate brand and management team while collaborating with Headland to serve clients across the US, UK, Europe and the Middle East.

Cyderes Acquires Lucidum

December 16, 2025

Cybersecurity

Cyderes, a global managed cybersecurity services provider, has acquired Lucidum, a security data fabric and entity intelligence platform. The acquisition brings identity-aware data fabric capabilities into Cyderes’ portfolio to strengthen IAM, exposure management, and MDR offerings and accelerate AI-driven remediation and SaaS offerings.

BCN Group Acquires Blue Logic

May 3, 2019

IT Services

Manchester-based BCN Group, backed by Beech Tree Private Equity, has acquired Leeds-based IT services provider Blue Logic. The deal expands BCN's footprint across Northern England, adds Sage Accounting and CRM capabilities, and brings Blue Logic’s engineering centre of over 60 engineers and ~£7m+ revenue into the BCN platform while remaining Leeds‑based.

Brightstar Corp. Acquires LucidCX

January 19, 2021

Software

Brightstar Corp., a BCP portfolio company and global provider of device lifecycle management solutions, has acquired LucidCX, a provider of customer service management software and services. The acquisition adds premium technical support and omni-channel customer service capabilities to Brightstar's service portfolio and will allow LucidCX to scale through Brightstar's global reach.