French healthcare-focused PE house ArchiMed has held a first close on almost two thirds of its €800m target for MED Platform I after four months on the fundraising trail.
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy
Accommodation booking site raised €21m from HV Holtzbrinck, Lakestar and Picus Capital in February
Sale ends a holding period of almost four years, during which the company made seven bolt-ons
Sale does not include life insurance business Amissima Vita, which generated premiums of around €900m in 2019