ICG Acquires Lucid Group from LDC
March 10, 2021
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.
- Buyers
- ICG
- Targets
- Lucid Group
- Sellers
- LDC
- Industry
- Healthcare Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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