• Home
  •  
    Regions
    • Europe
    • UK & Ireland
    • DACH
    • Nordic
    • France
    • Southern Europe
    • Benelux
    • CEE
    • Asia
  •  
    Deals
    • Buyouts
    • Venture
    • Exits
    • Refinancings
    • Build-up
    • Turnaround
    • Secondaries
    • Advanced deal search
  •  
    Funds
    • Buyout
    • Venture
    • Mezzanine
    • Debt
    • Funds-of-funds
    • Secondaries
    • Fundraising pipelines
    • Advanced funds search
  •  
    GPs & LPs
    • GP profiles
    • LP profiles
    • GP news
    • LP news
    • Sponsors search
    • LPs search
  •  
    Secondaries
    • Deals
    • Funds
    • News
    • Analysis
  •  
    People
    • People moves
    • Analysis
    • In Profile
    • Q&A
    • Videos
    • Comment
  •  
    Analysis
    • In Profile
    • Fundraising
    • Q&A
    • Comment
    • Videos
    • Podcast
    • Reports
    • Data Snapshots
  •  
    Unquote Data
    • Deals search
    • Exits search
    • Funds search
    • Sponsors search
    • Advisers search
    • LPs search
    • League tables
    • Reports
  • Sign in
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)203 741 1137

      Email: Georgina.Lawson@acuris.com

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
  • Free Trial
  • Subscribe
Unquote
Unquote
  • Home
  • Regions
  • Deals
  • Funds
  • GPs & LPs
  • Secondaries
  • People
  • Analysis
  • Unquote Data
      • Deals search
      • Exits search
      • Funds search
      • Sponsors search
      • Advisers search
      • LPs search
      • League tables
      • Reports
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)203 741 1137

    Email: Georgina.Lawson@acuris.com

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
UNQUOTE
  • Healthcare

GBL acquires Affidea from B-Flexion

  • Rachel Lewis
  • 19 April 2022
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  

Groupe Bruxelles Lambert (GBL), the Belgian investment firm, has acquired a majority stake in pan-European outpatient group Affidea.

The GP emerged as a final round bidder alongside Unilabs' owner AP Moller and French laboratory group Biogroup, as reported. 

Affidea provides diagnostic imaging, oncology and other outpatient services across 15 countries. It was marketed off an EBITDA of more than EUR 100m in a January-launch sales process, as reported by Unquote's sister publication Mergermarket.

GBL said it will invest around EUR 1bn of equity in the transaction. The new sponsor says it will strengthen Affidea in its core markets as well as accelerate M&A into new, fragmented European markets. 

B-Flexion, the family investment office formerly known as Waypoint Capital, will fully exit the asset but management will reinvest.

It had owned the asset since 2014 and earlier tried to launch a process to sell a minority stake, as reported. 

GBL has a long-term objective to increase the share of private assets within its portfolio to 40%, up from 25% at the end of 2021. 

The transaction is expected to close in Q3 2022. 

Advisers 

B-Flexion - Goldman Sachs and Jefferies (M&A); Latham & Watkins (legal). 

GBL - Citi (M&A); Bain & Company (commercial); Kirkland & Ellis (legal)

 

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • Healthcare
  • Buyouts
  • healthcare

More on Healthcare

Gyrus Capital acquires LRE Medical from KPS-backed AIS Global
Gyrus Capital acquires LRE Medical from KPS-backed AIS Global

Carve-out of German diagnostic equipment manufacturer comes over two years after first sale attempt

  • Healthcare
  • 26 May 2023
Forbion raises combined EUR 1.35bn for venture and growth funds
Forbion raises combined EUR 1.35bn for venture and growth funds

Ventures Fund VI closes on EUR 750m and Growth Opportunities II on EUR 600m with both upsized by over 60%

  • Healthcare
  • 19 April 2023
EQT closes LSP Dementia on EUR 260m hard cap
EQT closes LSP Dementia on EUR 260m hard cap

Series A-focused fund exceeded its EUR 100m target and extended fundraising after increased LP interest in its strategy

  • Healthcare
  • 30 March 2023
Ardian reinvests in Neopharmed alongside NB Renaissance
Ardian reinvests in Neopharmed alongside NB Renaissance

French GP will move stake from fund VI to VII; additional capital allows for European M&A

  • Healthcare
  • 10 November 2022

Latest News

Partners Group to release IMs for Civica sale in mid-September
  • Exits
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

  • 04 September 2023
BHM Group builds on PE strategy, eyes European medtech and renewable energy acquisitions
  • Investments
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Czech Republic-headquartered family office is targeting DACH and CEE region deals

  • 01 September 2023
Redalpine expands leadership team amid CHF 1bn-plus fundraise
  • Venture
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

  • 31 August 2023
Change Ventures aims to hold final close for EUR 20m third fund by mid-2024
  • Funds
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds

  • 31 August 2023
Back to Top
  • About Unquote
  • Advertise
  • Contacts
  • About Acuris
  • Terms of Use
  • Privacy Policy
  • Group Disclaimer
  • Twitter
  • LinkedIn

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013