G Square Capital

GP had entered into exclusive negotiations with vendor G Square following a Lazard-led process

Latest round brings the supply chain and logistics software platform's valuation to USD 2.1bn

Sponsor refinanced the business with incumbent lender CVC and another direct lender as part of the transfer

Vendors were looking to achieve a 10x EBITDA multiple; Diagnostic Healthcare's projected EBITDA is ТЃ3m

France-based telemedicine startup intends to use the fresh capital to expand its domestic presence

G Square acquired the healthcare training business from Montefiore in 2016

Investors in the fund include Adams Street Partners, Banca March, Cresta and Goodgrower

First investment made by G Square Capital III, which launched in 2018 with a тЌ450m target

Following the investment, G Square will become Pharmacy2U's majority shareholder

Paris-based private equity firm fully exits the asset after a five-year holding period

GP recently closed its second investment vehicle, G Square Capital II, on its €350m hard-cap

Sovereign first invested in the company in 2004

G Square Capital has acquired Finnish social care services provider Mikeva from Intera Partners.