Jamieson is pleased to announce that it has advised the management team of DCC Healthcare on the successful sale of the business from DCC Plc to Investindustrial at a total enterprise value of £1,050 million.
DCC was founded in 1976, originally providing capital to growing unlisted companies, and made its first investment in healthcare in 1982. Today DCC is a leading international sales, marketing and support services group. Headquartered in Dublin, DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100. DCC employs 16,600 people world-wide and has an excellent record, delivering compound annual growth of 14% in adjusted operating profit and unbroken dividend growth of 13% while maintaining high returns on capital employed over 30 years as a public company.
Stephen Maxwell, Tom Burton, Alexander Wilson, and Helen Briscoe advised the DCC Healthcare management team on their reinvestment in the new structure and the terms of the new management equity arrangements.
