French mid-market buyout house Ardian has launched its North American direct investment vehicle, Ardian North America Fund II, established through a partnership with New York-based private equity house Seven Mile Capital Partners (SMCP).
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Gym administration software company will look to expand its US activities following the round
Company will look to expand its technology and personnel resources to match expected growth
Group has undergone several refinancings since Wendel's first investment in 2006