November 21, 2024

Lightview Capital announces sale of Array to WCG

Lightview Capital announces sale of Array to WCG
Image taken from Array website

Lightview Capital (Lightview), a leading lower middle market private equity firm announces the sale of Array to WCG, a global leader in clinical research solutions.

Logo images taken from Lightview Capital and Array websites

Founded in 2003, Array is a leading content engagement partner for life sciences events that offers a unique combination of data, technology, and engagement services proven to enhance business results and drive actionable insights. The company has been a part of Lightview Capital’s portfolio since 2019, when the private equity firm made a significant investment to enhance Array’s growth and expansion.

Under Lightview’s ownership, Array has enhanced its proprietary technology, expanded its meeting delivery capabilities from in-person to virtual and hybrid meeting types, and further cemented its position as a trusted technology partner for the life science industry.

Marc Crawford, CEO of Array
Image taken from LinkedIn profile

Marc Crawford, CEO of Array, commented, “Our partnership with Lightview Capital has been instrumental in our growth journey. We are excited to join WCG and continue the mission of improving lives by accelerating clinical research.”

Conor Mullett, Managing Director at Lightview Capital
Image taken from Lightview Capital website

“We are pleased to announce the successful sale of Array to WCG,” said Conor Mullett, Managing Director at Lightview Capital. “This transaction represents a significant milestone for both Array and Lightview, showcasing our ability to build and scale market-leading platforms in the business services and tech-enabled services sectors.”

Union Square Advisors and Madison Park Group served as co-lead financial advisors and DLA Piper served as legal advisor to Lightview and Array in connection with this transaction.

Source

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