WCI TAKE Acquisition a Major Boost
January 2011
Livingstone Partners’ Healthcare sector team has advised the shareholders of WCI Consulting Group (‘WCI’) on the sale of WCI to TAKE Solutions, an Indian-based international business technology company with product expertise in Life Sciences and Supply Chain Management.
Hampshire-based WCI was founded in 1986 and is the leading Life Science consulting practice focusing on Patient Safety, Risk Management and Quality Compliance. The company works with a wide range of pharmaceutical, biotechnology, consumer health, medical device and dietary supplement organisations, helping to implement solutions and assure compliance. WCI founded pvnet® and pvconnect®, the industry’s primary forum for Patient Safety, which for 10 years has been shaping the industry’s approach to pharmacovigilance.
Jim Tizzard, CEO of WCI commented: “The Livingstone team was very clearly committed to ensuring a good deal happened in a timely manner. I was impressed with their attention to detail and their support to me and my team throughout the sale process.”
Richard Fetterman, Partner at Livingstone Partners added: “We are delighted to have worked with WCI’s shareholders in finding what we all believe to be a perfect home for its next phase of growth. Interestingly this is also the third sale of a UK-based business to an Indian acquirer that we have handled in little more than 6 months.”
For further information contact:
Richard Fetterman
T: +44 20 7484 4739
E: fetterman@livingstonepartners.co.uk
Daniel Domberger
T: +44 20 7484 4731
E: domberger@livingstonepartners.co.uk
