LGC GROUP acquired by BRIDGEPOINT

The acquisition of LGC by Bridgepoint marks a highly strategic external growth operation, driven by the private equity firm's investment thesis of supporting companies with strong service-based reputations in fragmented but growing markets. Through its acquisition of LGC, Bridgepoint aims to consolidate the company's market position and support its further growth, driven by increasing regulation and the trend towards outsourcing in both the public and private sectors. The deal is expected to provide LGC with the necessary resources and support to achieve its ambitions, including expanding its market coverage and building scale in the UK and internationally. With a strong track record of successful investments and a deep understanding of the markets in which it invests, Bridgepoint is well-placed to support LGC in achieving its full potential. The acquisition is also expected to provide opportunities for synergy realization, particularly in the areas of sales and marketing, where Bridgepoint's network of contacts and industry expertise can be leveraged to support LGC's growth. By partnering with Bridgepoint, LGC aims to enhance its market coverage and continue its progress towards becoming a world-leading scientific service business, with a focus on providing high-quality services to its customers and driving growth through a combination of organic expansion and strategic acquisitions.