Reiten & Co has acquired a controlling ownership stake in Ellipse-Klinikken, the Nordic region’s largest non-invasive beauty clinic chain. Ellipse-Klinikken offers non-surgical treatments and has 9 locations in Scandinavia and 1 in the UK. In 2005, it recorded sales of NOK 52m and EBITDA of NOK 7m.
Allßequitz backing for the heart pump developer also comes from Beteiligungsmanagement Thüringen
Deal is VC's sixth investment from its Deep-tech Fund
GP is currently investing via its Partech Entrepreneur Fund III and Paris Saclay Seed Fund
Fund targets European companies with expansion and growth plans in the Chinese market