Saffery Champness advises on the sale of integrated medhealth communication group (IMC) to Waterland Private Equity

2 Jun 2020

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Saffery Champness provided sell-side advisory services to integrated medhealth communication group (IMC) in support of its sale to Waterland Private Equity.

IMC provides healthcare communication and medical affairs support to over 50 pharmaceutical, biotech, vaccine, device and diagnostic companies globally, including eight of the 20 largest drug companies in the world such as AstraZeneca and Takeda. IMC has offices in London, Cambridge (UK), Toronto, Boston and Cairo and a highly qualified employee base of 100 people.

The investment from Waterland will enable IMC to expand its global footprint with significant follow-on funding available to acquire and build out communications, digital and consulting agencies across the UK, North America and EMEA. The investment will also be used to add further capabilities and service offerings, further enhancing the group’s existing digital and technology capabilities.

Shairose Ebrahim, Co-Founder, President and CEO of IMC Group commented: “I am really excited to be able to continue the successful imc group journey with Waterland as a partner. The investment will allow us to accelerate my ambition of building a truly global, independent healthcare communication agency group that provides clients with a diverse range of service offerings across the entire life cycle of a pharmaceutical product as well as offering best-in-class initiatives aimed at improving patient outcomes. With the current unprecedented circumstances, we will work closely with Waterland to ensure that imc’s digital and virtual capabilities are market-leading and support the educational needs of healthcare professional and patients alike. I am thoroughly looking forward to taking imc to the next level with Waterland”.

Alison Springham, CFO, commented that “It has been a pleasure having the Safferys team working with us on this transaction.  Their experience and strategic insight really helped to navigate us through this process; both from the start including initial DD support right through to the end negotiating on the final points on our behalf.”

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