Turenne Capital has led the EUR 6.2m LBO of Dedienne Santé via funds under its management and Turenne Investssement, the latter investing EUR 2.95m. The deal saw Turenne purchase a majority share of the medical equipment company ahead of Banques Populaire Rives de Paris and another leading bank.
Company will now operate as Aurora Lichtwerke and was sold as part of a non-core asset divestment
Canadian GP previously owned around 20% of the listed education company
French bank BPCE mandated advisers to sell the Germany-based digital banking platform in 2018
ECI is currently investing from its ECI 11 fund, which closed on £700m on July 2018