Looks like you’re on the UK site. Choose another location to see content specific to your location

Home Industry News Fishawack agrees to management buyout by LDC

Fishawack agrees to management buyout by LDC

26th January 2017

Fishawack Group has approved a management buyout that will see Lloyds Banking Group affiliate LDC make a considerable investment in the agency.

The deal values the scientific comms provider at 38 million pounds, with LDC committing further equity to support and accelerate Fishawack's growth strategy, including potential acquisitions.

Growth Capital Partners (GCP), who supported the management team in a secondary buyout in 2013, will now exit the business, having played a key role in its recent growth. Of the six acquisitions Fishawack has completed since its inception, three were with GCP's support.

Company founders Oliver Dennis and Dominic Miller will both continue to lead the Fishawack business, which is headquartered in Knutsford and employs more than 230 people. The agency operates across three sites in the UK, two in the US and one in Switzerland.

Mr Dennis, the chief executive officer of Fishawack, said: "We are an ambitious team and want to build on this further, continuing to strengthen our market-leading proposition and further building our presence internationally."

Fishawack has contracts with 15 of the world's top 20 pharmaceutical companies, including GlaxoSmithKline, Sanofi and Novartis.

With over 20 years of experience within the healthcare communications market, we at Zenopa have the knowledge, skills and expertise to help find the right job for you. To find out more about the current healthcare communications roles we have available, you can search for the latest job roles, register your details, or contact the team today.ADNFCR-8000103-ID-801831578-ADNFCR

We currently have 9 jobs available in Pharmacy industry, find your perfect one now.

Stay informed

Receive the latest industry news, Tips
and straight to your inbox.