XAnge and EPF invest €4m in Clinique Développement

XAnge contributed through XPansion, a €50m FCPR vehicle raised in 2006. EPF Partners invested via the €120m EPF III fund.

Both investors were attracted by the management's development startegy and the consolidation opportunities in the fragmented private clinics sector.

Founded in 2003, Clinique Développement operates three clinics in the Normandie region. The group employs 260 staff and can treat up to 19,000 patients per year. It generates revenues of €21m.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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