A cross-border sale to 3B Scientific, supporting the next stage of growth for the medical simulation specialist.

Launched in 2017, Lifecast has invested heavily into the development of a range of highly accurate and lifelike medical manikins, utilising a combination of expertise from paramedics, leading medical experts and the film special effects industry. Lifecast manikins are anatomically correct, with a range of models reflecting the entire family, from pre-term babies through to elderly adults. With different genders, ethnicities and medical conditions, Lifecast manikins better represent the world’s diverse population and improve memory retention and learning outcomes. The manikins are used by medical training institutions all over the world. Lifecast has become the globally renowned leader in the design of medical manikins.

Lifecast Body Simulation logo

K3 Deal Advisory advised on the sale of Lifecast to 3B Scientific, based in Germany. The K3 Deal Advisory team undertook a strategic marketing process, which identified 3B Scientific – a global provider of state-of-the-art medical simulators, based in Hamburg – as a strong fit to accelerate the company’s growth and innovation. Ian and Richard successfully negotiated and delivered the complex transaction on behalf of the shareholders. Lifecast is one of many cross-border transactions that the K3 Deal Advisory team has completed in over the last few years.

With 3B Scientific’s expertise and cutting-edge technologies, we are taking our product pipeline to the next level, ensuring we bring the best solutions to the market. By joining forces with 3B Scientific we are not only expanding our distribution reach but also gaining access to a wealth of knowledge and resources. Together, we aim to revolutionise the industry and make a lasting impact on the way healthcare professionals are trained. Ian and Richard’s advice, support and persistence were essential and generated real value for the shareholders in what has been a complex deal. With many intricacies to navigate, their pragmatic approach to solving challenges as they arise has been extremely valuable and greatly appreciated. We would like to thank the K3 Deal Advisory team for their hands-on advice throughout the process, handling a variety of challenges in a robust and supportive manner and would not hesitate to recommend them to prospective clients.

Dave Halliwell, co-founder and director of Lifecast, said