TAKE Solutions acquires UK based WCI Consulting Group

TAKE Solutions has announced the 100 % acquisition of UK headquartered WCI Consulting Group through its subsidiary. TAKE has been looking to establish a greater capability in Patient Safety and to establish Business Consulting capability to complement their portfolio of IP based business solutions and services. The acquisition of WCI Consulting also establishes a presence in Europe for TAKE, a market previously served remotely from TAKE's established geographies.

 "WCI complements and strengthens TAKE's portfolio of offerings to the global life sciences customers at a time when it is increasingly gaining traction with global biopharmaceutical companies for improving productivity and enabling greater efficiencies while ensuring that onerous compliance requirements are met. Mr. Ram Yeleswarapu, President & Chief Executive Officer, TAKE Solutions said, "We are extremely bullish about this acquisition. In addition to extensive life sciences and pharmacovigilance domain expertise, WCI brings with it in excess of 10 years of robust professional relationships across Europe and in the USA. This plugs a major gap in TAKE Solutions' global reach and opens up the European market for us. DBS Bank India facilitated the transaction." he also added.

 Jim Tizzard, Chief Executive Officer, WCI , "At WCI, we are acutely aware of the challenges our clients face as regulatory change continues apace in the Life Sciences industry, and the capabilities required to fully address the issues will come together as TAKE and WCI become one. Having known the TAKE team for a number of years, I am confident that together we will quickly progress to be seen as first port of call for a whole range of business critical needs."