DCC Celebrates £1 Billion Healthcare Division Sale to HealthCo Investment
Deal News | Apr 24, 2025 | Taylor Wessing
In a substantial transaction in the healthcare sector, Taylor Wessing has advised the management of DCC Healthcare on the sale of its healthcare division to HealthCo Investment Limited, with backing from private equity firm Investindustrial. This transaction is valued at over £1 billion. The successful completion was praised by both DCC Healthcare's CEO, Conor Costigan, and Taylor Wessing representatives, who highlighted the growing interest from private equity in healthcare and carve-out deals. The legal team at Taylor Wessing was led by Emma Danks and included experts from their corporate, employment, and tax divisions, showcasing their capability in handling complex transactions.
Sectors
- Healthcare
- Private Equity
- Legal Services
Geography
- United Kingdom – DCC is a UK-registered company, making the UK a relevant geography for this transaction.
- Ireland – The transaction was led by Taylor Wessing's team, including tax experts in Ireland, indicating the cross-border nature of the deal.
Industry
- Healthcare – The transaction involves the sale of a healthcare division, indicating its relevance to the healthcare industry.
- Private Equity – The deal was backed by Investindustrial, a private equity firm, showcasing the role of private equity in acquiring business divisions.
- Legal Services – Taylor Wessing, a law firm, advised on the transaction, highlighting the legal services sector's involvement.
Financials
- £1 billion – The approximate value of the deal involving the sale of DCC Healthcare.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DCC Healthcare | Target Company | Company | The healthcare division of DCC plc being sold in the transaction. |
| HealthCo Investment Limited | Bidding Companybuyer | Company | The purchaser of DCC Healthcare, backed by Investindustrial. |
| Investindustrial | Private Equity Firm | Company | A private equity firm backing the acquisition of DCC Healthcare. |
| Taylor Wessing | Legal Advisor | Company | The law firm advising DCC Healthcare's management on the transaction. |
| Emma Danks | Co-head of International Corporate Group | Person | Led the legal advisory team from Taylor Wessing. |
| Conor Costigan | CEO of DCC Healthcare | Person | CEO of the target company, DCC Healthcare. |