ARCHIMED
ARCHIMED is a global private equity firm founded in 2014 and headquartered in Lyon, France, focused exclusively on healthcare industries. It manages around 8 billion across various funds and invests in profitable small and midsize healthcare companies worldwide.
ARCHIMED is a Lyon growth equity firm with €9.0B AUM, 43 active companies and 17 exits.
- ·16 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 16 realized deals: 6 years.
- ·Best return: 300.0x MOIC on Polyplus (2023).
- ·Top sector focus: MedTech (37% of portfolio).
- ·Fund cadence: ~2Y between vintages · last raise 2024.
Sector breakdown
60 companiesGeography breakdown
18 geographiesKey facts
Recent exits
ARCHIMED sold Ametris (ActiGraph) to Signant Health in 2026 after 6 years.
ARCHIMED sold Direct Healthcare Group to Rhone (DHCare; ARCHIMED retained minority) in 2026 after 7 years.
ARCHIMED sold Diesse to Fremman Capital in 2025 after 6 years.
ARCHIMED sold Citieffe to Poly Medicure in 2025 after 11 years.
Coverage notes
6 funds tracked, 60 portfolio companies (43 active · 17 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund ARCHIMED has raised, with its portfolio companies. Hand-checked from public filings.
MED RiseBuyout2024€400M14 assets1 exitsBuyout2024 · 2yr€400M141
Unrealized
14 held| Company | Entry |
|---|---|
| Agatha HealthTech · Japan | 2025 |
| Arkstone HealthTech · US | 2025 |
| Cellese HealthTech · US | 2024 |
| Ceva Pharma · France | 2025 |
| Ceva Animal Health Pharma · France | 2025 |
| ExcellGene Biotech · Switzerland | 2025 |
| FIM Medical MedTech · France | 2024 |
| Groupe Laboratoire Rivadis HealthTech · France | 2025 |
| IRAB Pharma · Spain | 2026 |
| Irrimax MedTech · US | 2024 |
| Jeisys HealthTech · South Korea | 2024 |
| Renata Medical MedTech · United States | 2026 |
| SeqCenter MedTech · US | 2024 |
| ZimVie MedTech · US | 2025 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Biodextris Biotech · Canada | 2024 | 2024 | Continuation Vehicle | MED Bio | – |
MED Platform IIBuyout2022€3.5B10 assetsBuyout2022 · 4yr€3.5B10–
Unrealized
10 held| Company | Entry |
|---|---|
| ARK Diagnostics MedTech · US | 2025 |
| Corealis Pharma · Canada | 2022 |
| Corso Hospitality · France | 2021 |
| DHCare MedTech · United Kingdom | 2019 |
| Esperion Therapeutics | 2026 |
| Instem HealthTech · US | 2023 |
| Natus MedTech · US | 2022 |
| Natus Neuro MedTech · United States | 2022 |
| Symbio ClimateTech · US | 2023 |
| WiQo HealthTech · Italy | 2023 |
MED IIIBuyout2021€650M12 assets1 exitsBuyout2021 · 5yr€650M121
Unrealized
12 held| Company | Entry |
|---|---|
| Aliri Pharma · US | 2021 |
| BioVendor Group MedTech · Czech Republic | 2025 |
| Cardioline MedTech · Italy | 2021 |
| Cube Biotech · Germany | 2021 |
| Cube Biotech Biotech · Germany | 2021 |
| DermaPharm HealthTech · Denmark | 2025 |
| Natus Sensory MedTech · US | 2022 |
| PlasmidFactory Biotech · Germany | 2022 |
| Prollenium HealthTech · Canada | 2021 |
| Stragen Biotech · Switzerland | 2021 |
| Suanfarma Pharma · HQ Spain / Global presence | 2021 |
| Title21 Health Solutions HealthTech · US | 2022 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Xpress Biologics Biotech · Belgium | 2021 | 2022 | Trade Sale | Polyplus (ARCHIMED portfolio company at the time, intra-portfolio) | – |
MED Platform IBuyout2019€1.5B3 assets5 exitsBuyout2019 · 7yr€1.5B35
Unrealized
3 heldRealized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Ad-Tech Medical Instrument MedTech · US | 2020 | 2024 | Secondary | Nihon Kohden (71.4% stake via NeuroAdvanced Corp) | 5.0x |
| Ametris (ActiGraph) HealthTech · US | 2020 | 2026 | Trade Sale | Signant Health | – |
| Bomi Group Logistics · Italy | 2019 | 2023 | Trade Sale | UPS | 4.0x |
| Direct Healthcare Group MedTech · UK | 2019 | 2026 | Secondary | Rhone (DHCare; ARCHIMED retained minority) | – |
| EUROLyser MedTech · Austria | 2019 | 2022 | Trade Sale | Antech Diagnostics (Mars Veterinary Health) | 6.0x |
MED IIBuyout2017€315M3 assets2 exitsBuyout2017 · 9yr€315M32
Unrealized
3 held| Company | Entry |
|---|---|
| Ceva Sante Animale Pharma · France | 2025 |
| Provepharm Biotech · France | 2018 |
| Soest Medical Group MedTech · The Netherlands | 2018 |
Realized
2 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Clean Biologics Biotech · France | 2018 | 2024 | Continuation Vehicle | MED Bio | – |
| Diesse MedTech · Italy | 2019 | 2025 | Secondary | Fremman Capital | 4.6x |
MED IBuyout2014€150M1 assets8 exitsBuyout2014 · 12yr€150M18
Unrealized
1 held| Company | Entry |
|---|---|
| Stago MedTech · France | 2026 |
Realized
8 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Citieffe MedTech · Italy | 2014 | 2025 | Trade Sale | Poly Medicure | 7.2x |
| Deallus Pharma · UK | 2015 | 2024 | Trade Sale | GlobalData Plc | – |
| Fytexia HealthTech · France | 2016 | 2023 | Trade Sale | Associated British Foods | 4.0x |
| Micromed MedTech · France | 2016 | 2023 | Trade Sale | Natus Medical (ARCHIMED portfolio company, intra-portfolio) | – |
| Natural Origins HealthTech · France | 2016 | 2017 | Trade Sale | Dohler Group | 2.5x |
| Polyplus Biotech · France | 2016 | 2023 | Trade Sale | Sartorius Stedim | 300.0x |
| Primo Group HealthTech · Italy | 2015 | 2024 | Secondary | Aksia | 3.0x |
| Vita Health Group HealthTech · UK | 2015 | 2024 | Trade Sale | Spire Healthcare Group | 4.5x |
About ARCHIMED
ARCHIMED is a French private equity firm exclusively dedicated to healthcare with €9.0 billion of assets under management as of December 2024, founded in 2014 and headquartered in Lyon with additional offices in Paris, London, New York, Milan and Munich. The firm is one of the few European private equity platforms focused entirely on healthcare verticals, providing depth of sector expertise across pharmaceuticals, medical technologies and life sciences services that generalist mid-cap funds cannot match.
Investment thesis
ARCHIMED targets European and selectively North American healthcare companies across MedTech, Pharma services, HealthTech, Biotech and broader healthcare services, deploying capital through dedicated flagship funds (MED Platform I, II and follow-on vintages) plus a Eureka small-cap programme for emerging healthcare companies. Equity ticket sizes typically range from €50 million to €300 million for the flagship strategy, with majority and significant minority equity positions held through five to seven year horizons. The healthcare sector-exclusive focus enables deep operational expertise, regulatory navigation and management team networks unique to medical-device, pharma and HealthTech businesses.
Recent activity
Recent realised exits include Ametris / ActiGraph (HealthTech, 2026), CARSO (MedTech, 2025), Citieffe (MedTech, 2025), DIESSE (MedTech, 2025), Ad-Tech Medical Instrument (MedTech, 2024) and Deallus (Pharma, 2024), demonstrating strong distribution momentum across the medical device and pharma services verticals. The platform tracks 6 funds, 36 active portfolio companies and 15 realised exits, with ongoing deployment from the latest flagship vintage across European and North American healthcare targets.
Frequently asked questions
- What investment strategy does ARCHIMED focus on?
- ARCHIMED focuses on Growth, Buyout strategies in the private equity space.
- How many portfolio companies does ARCHIMED have?
- ARCHIMED has 43 active portfolio companies and 17 completed exits and 6 funds tracked on GP Intel.
- Where is ARCHIMED headquartered?
- ARCHIMED is headquartered in Lyon, France.
- What is ARCHIMED's assets under management?
- ARCHIMED manages approximately €9.0B in assets under management.
- When was ARCHIMED founded?
- ARCHIMED was founded in 2010.
- What sectors does ARCHIMED invest in?
- ARCHIMED invests across Healthcare, Business Services, Software, Consumer.
- What are ARCHIMED's recent exits?
- Recent realized exits by ARCHIMED include: Ametris (ActiGraph) (2026) to Signant Health; Direct Healthcare Group (2026) to Rhone (DHCare; ARCHIMED retained minority); DIESSE (2025) to Fremman Capital, 4.6x; Citieffe (2025) to Poly Medicure, 7.2x; Biodextris (2024) to MED Bio; Ad-Tech Medical Instrument (2024) to Nihon Kohden (71.4% stake via NeuroAdvanced Corp), 5.0x; Clean Biologics (2024) to MED Bio; Deallus (2024) to GlobalData Plc.
Similar firms
Other private equity firms tracked on GP Intel.