Healthcare
Hg exits Frösunda after eight-year holding
Pan-European investor sells its majority stake in Frösunda to holding company Brado
Cathay and OrbiMed divest Echosens to Astorg
Deal is the first exit for Cathay's 2014-vintage €500m Sino-European MidCap fund
Abraaj frees investors from commitments in Fund VI
Dubai-based private equity firm no longer intends to proceed with the fund in its current form
NorthEdge's Direct Healthcare bolts on Transflo Cushion
Deal is the third bolt-on for Direct Healthcare since NorthEdge acquired the company in 2016
Techwald's SPAC Life Care Capital to trade on AIM Italia
SPAC will invest in non-listed medium-sized Italian companies active in the healthcare sector
Horizons co-leads $15m funding round for Owlstone
Aviva Ventures co-led the round, which also saw investment from existing investors
Mid Europa buys MediGroup from Blue Sea Capital
Seller Blue Sea Capital, which established MediGroup in 2013, will retain a 45% stake
Abraaj suspends private equity funds as founder steps down
CEO and founder Arif Naqvi passed the fund management reins to two co-chief executives
Mezzanine Management backs Nettle with PLN 100m
Investment has been structured as a capital increase in the company and long-term mezzanine loan
Agic, Capvis, Gilde, Nordic Capital in final Amann Girrbach round
Nordic Capital is reportedly the front-runner in the sale of the Austrian dental prosthetics company
Adelis exits Med Group after three-year holding
Firm saw its turnover double to €100m and the number of employees increase from 800 to 3,000
Core Capital exits Ark Home to three trade buyers
Domiciliary healthcare provider made eight bolt-ons during the GP's seven-year tenure
Nordic Capital acquires dental group
New group includes three dentist chains and a dental technology laboratory operator
Pontifax backs €16m series-A funding round for Abac Therapeutics
Backers include Global Health Science Fund, Caixa Capital Risc and Debiopharm Innovation Fund
Aquilo et al. invest $55.8m in Merus
Consortium of backers invests in the Dutch clinical-stage immuno-oncology company
Oaktree-backed NL Holding buys ProCrea, Archimed, Imer
GP-backed German reproductive medicine group NL Holding bolts-on three European competitors
iBionext closes maiden fund iBionext Growth on €90m
Backers of the fund include French and international investors, including a Chinese corporate
Gilde Healthcare-backed Rad-x buys SMII
Gilde Healthcare began its buy-and-build strategy in this sector in January 2017
Healthcare-focused ArchiMed hires Adelus, Ballester as partners
Appointments will increase the firm's number of partners from six to eight
BC makes US deal with Zest buyout from Avista
GP is deploying capital from its 10th fund, which closed in January on its €7bn target
Turkven completes Medical Park listing on Borsa Istanbul
Turkish GP made a full exit, selling 72.8 million shares in the offering at 19 lira apiece
EdRip holds final close on €345m for BioDiscovery5
New life sciences fund will be considerably larger than its predecessor, closed in 2013
Gimv buys France Thermes
GPs Normandie Capital, Initiative et Finance and Volney Développement exit the business
August sells Active Assistance to Montreux Capital
Divestment of the specialist healthcare provider follows an eight-year holding period