Healthcare
GED completes Vitro exit in single asset vehicle deal
GP reaps gross return of 4.0x invested capital and 38% IRR; deal follows sale of Vitro subsidiary to trade in January
Cinven buys Bayer's Environmental Science Professional for EUR 2.4bn
It is the third industrial carve out by the GP since 2020
Nord Holding launches Small-Cap Fund
Small-Cap strategy will be led from Frankfurt by former VR Equitypartner executive Jan Markus Drees
CVC collects first round bids for Theramex
Rothschild and HSBC are advising on the sale of the UK-based womenтs health pharma company
Limerston exits Prism to Charme
Charme will complete the deal through Charme IV, which has raised EUR 700m to date
Gilde Equity Management explores Avinty exit advised by Arma
Sale documents for the Dutch healthcare software provider are expected in Q2 2022
Doxx to collect initial bids amid fierce midmarket sponsor interest
German digital healthcare staffing specialist has attracted GPs such as IK, DPE, Ardian, Chequers, Triton, PAI, Equistone, Rivean Capital
Evoco makes three-company Austrian portfolio deal
Deal sees the GP acquire companies from AWS Mittelstandsfonds including medical technology firm AMI
Palamon to carve out Dental Directory from IDH Group
Adviser DC Advisory has distributed materials marketing the asset off GBP 15m EBITDA
Motion readies Minlay for sale advised by Natixis Partners
Apax, Charterhouse and IK are eyeing the French dental prosthetic devices company
IK small cap fund invests in Sofia
The company has EUR 20m of revenue.
Axcel exits Aidian to Nordstjernan
The GP had also been planning a Helsinki listing
Triton partially exits Aleris to EQT Infrastructure for EUR 286m
The GP has sold the radiology arm for 11x EBITDA.
UCB, Ysios lead EUR 50m Series A for SpliceBio
Round for the gene therapy specialist is the largest ever Series A for a Spanish biotechnology company
Pictet holds first close for healthcare fund-of-funds
Around 40% of the target USD 400m will be allocated to co- and direct investments
Astorg closes Mid-Cap Fund on EUR 1.3bn
Fund will target EUR 150m-500m EV deals, expanding on Astorgтs current flagship strategy
Vaaka buys Medbase as fund III approaches full deployment
The GP made the deal from its Buyout III fund
Cathay Capital readies Cenexi for exit
Natixis and Jefferies will advise on the upcoming sale of the French CDMO specialised in high sterile products
LSP closes LSP 7 at EUR 1bn
The GP says it is the largest life sciences venture capital fund ever raised in Europe
Gilde Healthcare buys Europin
The GP will merge it with portfolio company Acti-Med
Warburg Pincus, Mubadala buy Informa's Pharma Intelligence for GBP 1.9bn
GPs pay 20-25x EBITDA for the asset, according to two sources close
Lauxera closes first health tech fund on EUR 260m
Debut fund will invest EUR 20m-40m in European and US health technology companies
EQT, Verdane exit Forsta to Press Ganey
Forsta was formed through the merger of Confirmit and FocusVision in March 2021
Abac exits PronoKal to Nestlé Health Science for EUR 100m
GP first bought 100% of the share capital in 2017