Advising DCC Healthcare management on sale of healthcare division in £1 billion+ deal

We have advised the management team of the healthcare division of DCC plc on the sale to HealthCo Investment Limited backed by Investindustrial in a deal worth c£1 billion. 

Commenting on the transaction, co-head of our International Corporate group Emma Danks said: "We're enormously proud to have advised on this significant deal for Conor Costigan and the management team at DCC Healthcare. It follows on from our other recent activity advising management teams in the healthcare sector on PE transactions, and demonstrates the current interest which PE has in the sector and also in carve-outs. We wish the team much continued success with their new investor." 

Conor Costigan, CEO of DCC Healthcare commented: "Thank you to the Taylor Wessing team for their support and guidance on this transaction. Their expertise and responsiveness were fantastic, as well as being critical in ensuring a successful outcome for all parties involved."

The deal was led by Emma Danks and included Sean Nesbitt, Head of our International Employment, Pensions and Mobility team, Catie Raymond, Private Equity Senior Associate, Erin Chu, Private Equity Associate, Trish McCarvill, Head of Tax in Ireland and Madalina Budau, Tax Associate.