Transaction

Clearwater advises WEP Clinical on its investment from The Jordan Company

Transaction

The Jordan Company on its investment from WEP

Sell-side

Undisclosed

Role

Adviser to WEP on its investment from The Jordan Company

Sector

Healthcare

Region

UK

Clearwater and Cain Brothers, a division of Clearwater’s US partner KeyBanc Capital Markets, have advised WEP Group Holdings Limited (WEP Clinical) on its investment from The Jordan Company, L.P. (TJC). TJC made the investment in partnership with WEP Clinical co-founders Jaswinder Khera and Jaswant Khera who will continue to be significant owners in the business while leading the Company through this next phase of growth.

Headquartered in both London, UK, and North Carolina, USA, and with offices in Ireland and Portugal, WEP Clinical is a specialist pharma services company that partners with drug developers to help patients and physicians gain early access to treatments for rare diseases, cancer and other serious or life-threatening illnesses that have no viable treatment options available. The company is a market leader in the design and execution of expanded access and named patient programs, which provide pre-approval access to promising molecules for patients with critical unmet medical needs. Additionally, WEP Clinical offers real-world data collection, market access services, pharmacovigilance services, patient registry, commercialisation services, clinical trial nursing services and comparator sourcing.

The company has distributed drugs in over 90 countries and leverages its expertise in the physical, legal and regulatory aspects of global pharmaceutical product access, distribution and commercialisation across its connected suite of services.

Clearwater worked alongside US partner Cain Brothers, led by Managing Director John Kerins and Vice President Lee Sophocleous.

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We couldn't be more excited to welcome TJC into our next phase of growth. There is a great cultural fit between our organisations, and we share a vision for WEP Clinical's future. TJC's resources and experience will enable us to accelerate our long-term growth plan.

Jaswinder Khera, Co-Founder of WEP Clinical and Managing Director U.S.
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With TJC's strategic and capital assistance, we are confident that WEP Clinical will continue its current track record of success. We believe this partnership will accelerate our organic and inorganic growth initiatives as we continue investing significantly in our people and capabilities to serve our customers.

Jaswant Khera, Co-Founder of WEP Clinical and Managing Director EU

We are honoured to partner with the entire WEP Clinical team and join their mission of helping those in need while providing world-class support to customers. We see great growth opportunities for the Company and look forward to supporting the business as it grows.

Dan Williams, Partner at TJC

It was a pleasure working with WEP Clinical as their retained adviser to assist the company through its sale process with a successful outcome. This transaction is a great example of Clearwater and Cain Brothers’ combined sector expertise in the pharma and life sciences sector, leveraging its international reach, which gave comfort to the client. We would like to wish the WEP team and TJC all the best. We are confident through TJC’s investment the business will continue to go from strength to strength.

Clearwater

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