WEST
PALM BEACH, Fla., Aug. 9, 2024
/PRNewswire/ -- 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.
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,
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."
"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.
About Lightview Capital:
Lightview Capital is a leading private equity firm focused on
investing in founder-owned companies in the business services and
tech-enabled services industries. Lightview partners with its
portfolio companies by providing deep industry knowledge,
insightful experience, and active resources to unlock growth and
drive value. Lightview Capital's approachable investment style
combines deep operational and financial experience with an
entrepreneurial spirit that delivers measurable results. For more
information, visit lightviewcapital.com.
About Array
Array is a content engagement partner for life sciences events –
with over 20 years' experience at over 10,000 events. Array's
unique combination of technology and services is proven to improve
business results by engaging more than 90% of audience members and
increasing knowledge transfer while collecting meaningful analytics
down to the individual participant level for actionable insights.
Array combines technical support, event production expertise, and
analytics interpretation and guidance to maximize the impact of
in-person, virtual, and hybrid life sciences events. For more
information about Array, please visit arraylive.com.
Contacts for Lightview Capital
Laurel Vermette
Lvermette@lightviewcapital.com
Contacts for Array
Marc Crawford
mcrawford@arraylive.com
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SOURCE Lightview Capital