Lucid Audio Acquires Westone Audio from Westone Laboratories

Westone Laboratories Acquires Custom Protect Ear

March 27, 2019

Manufacturing

Westone Laboratories has acquired Custom Protect Ear, North America's largest manufacturer of custom-fit industrial hearing protection, expanding Westone's footprint in industrial hearing protection and additive manufacturing capabilities. The deal will keep CPE's management and operations in Vancouver/Surrey, British Columbia, and aims to broaden geographic reach and accelerate product innovation.

Sivantos and Widex Combine to Form WS Audiology

March 1, 2019

Medical Devices

EQT-managed funds (owner of Sivantos) and the Tøpholm and Westermann families (owners of Widex) completed a business combination creating WS Audiology, a dual-headquartered hearing-aid company based in Lynge, Denmark and Singapore. The merged company unites the product portfolios and R&D capabilities of Sivantos and Widex (brands including Signia, Widex, Rexton and Audio Service), creating a global medical‑device leader with combined revenues above EUR 1.7 billion and a workforce of over 10,000 to accelerate innovation and market penetration.

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.

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.

Ascend Learning Acquires Laudio

September 9, 2025

Healthcare Services

Ascend Learning has acquired Laudio, an AI-enhanced frontline leader operations platform, to expand its healthcare workforce management and leadership capabilities. The acquisition integrates Laudio’s leader operations tools into Ascend’s learning and workforce solutions to better support frontline managers and improve employee engagement and patient experience.

Ardian Acquires Audiotonix from Astorg

December 16, 2019

Manufacturing

Ardian has agreed to acquire UK-headquartered Audiotonix, a designer and manufacturer of professional audio mixing consoles, from private equity firm Astorg. Management and Astorg will reinvest in the business; the deal (c. 550 employees) is expected to close in Q1 2020 and will support expansion of Audiotonix's brands and product portfolio.