Buyer landscape
Likely buyers · Pharma in Sweden.
Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
How companies like this sold · 77 verified exits: 19% to sponsors, 38% to corporates and platforms, 43% via IPO. Route shift since 2020: sponsors 23% (was 30%), corporates and platforms 67% (was 54%), IPO 8% (was 15%) (sector-wide).
The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 19 geographic expansion candidates without a local platform yet. A first round of the Tier 1 names plus the expansion buyers covers the demonstrated demand.
Financial buyers · 25
Tier 1 · Very High · score 70+
1. ARCHIMED and Institut Mérieux SponsorVery High84
54 platform investments in Healthcare · 19 deals 2024–26
AUM €9.0B · MED Rise · 2024 vintage · deploying · check €8-60M
18 platform investments since the 2024 vintage · largely deployed vs its usual 9 per fund.
Backed IRAB, 2026 · Pharma, Spain
2. ArchiMed SponsorVery High83
56 platform investments in Healthcare · 18 deals 2024–26
AUM €9.0B · MED Rise · 2024 vintage · deploying · check €8-60M
18 platform investments since the 2024 vintage · largely deployed vs its usual 9 per fund.
Backed IRAB, 2026 · Pharma, Spain
3. Archimedes Partners SponsorVery High83
53 platform investments in Healthcare · 21 deals 2024–26
AUM €9.0B · MED Rise · 2024 vintage · deploying · check €8-60M
18 platform investments since the 2024 vintage · largely deployed vs its usual 9 per fund.
Backed IRAB, 2026 · Pharma, Spain
4. ArchiMed and Tethys Invest SponsorVery High83
54 platform investments in Healthcare · 18 deals 2024–26
AUM €9.0B · MED Rise · 2024 vintage · deploying · check €8-60M
18 platform investments since the 2024 vintage · largely deployed vs its usual 9 per fund.
Backed IRAB, 2026 · Pharma, Spain
5. IK Partners SponsorVery High81
34 platform investments in Healthcare · 48 in Sweden · 52 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Ceva Santé Animale, 2003 · Pharma, France
6. Bpifrance Investissement SponsorVery High81
10 platform investments in Healthcare · 35 deals 2024–26
AUM €57.3B · Bpifrance Amorçage Industriel · 2023 vintage · deploying · check €1-8M
Accelerating: 30 deals in the last 2 years vs 4.5/yr before.
Backed Biogaran, 2026 · Pharma, France
7. EQT SponsorVery High80
50 platform investments in Healthcare · 53 in Sweden · 51 deals 2024–26
AUM €291.0B · EQT X · 2023 vintage · deploying · check €440M-3.3B
53 platform investments since the 2023 vintage · largely deployed vs its usual 11 per fund.
Backed Dechra Pharmaceuticals, 2024 · Pharma, UK
8. Bridgepoint SponsorVery High79
34 platform investments in Healthcare · 13 in Sweden · 43 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Bought PharmaZell from Maxburg Capital Partners, 2020 · Pharma, Germany
9. Bridgepoint Development Capital SponsorVery High79
31 platform investments in Healthcare · 16 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed PharmaZell, 2020 · Pharma, Germany
10. Bridgepoint (52.5% majority stake) SponsorVery High79
30 platform investments in Healthcare · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed PharmaZell, 2020 · Pharma, Germany
11. Bridgepoint BE VII + General Atlantic SponsorVery High79
30 platform investments in Healthcare · 13 in Sweden · 37 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed PharmaZell, 2020 · Pharma, Germany
12. Bridgepoint Capital SponsorVery High79
31 platform investments in Healthcare · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed PharmaZell, 2020 · Pharma, Germany
13. Bridgepoint Capital Developpement SponsorVery High79
30 platform investments in Healthcare · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed PharmaZell, 2020 · Pharma, Germany
14. Bridgepoint Development Capital (with Paluel-Marmont Capital & LT Capital) SponsorVery High79
30 platform investments in Healthcare · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed PharmaZell, 2020 · Pharma, Germany
15. Inflexion SponsorVery High79
10 platform investments in Healthcare · 2 in Sweden · 27 deals 2024–26
AUM €11.0B · Inflexion Buyout Fund VII · 2026 vintage · deploying · check €90-675M
4 platform investments since the 2026 vintage · mid-deployment vs its usual 6 per fund.
Bought Primed from Paragon Partners, 2026 · MedTech, Germany
16. Lauxera Capital Partners SponsorVery High79
16 platform investments in Healthcare · 3 in Sweden · 6 deals 2024–26
AUM €780M · Lauxera Growth II · 2025 vintage · deploying · check €10-78M
3 platform investments since the 2025 vintage · early in deployment vs its usual 8 per fund.
Backed Bridge to Life, 2026 · MedTech, US
17. IK Partners (IK Small Cap III) SponsorVery High78
29 platform investments in Healthcare · 46 in Sweden · 39 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Ceva Santé Animale, 2003 · Pharma, France
18. IK Partners / GIC / Keensight / Parquest / management SponsorVery High78
28 platform investments in Healthcare · 46 in Sweden · 38 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Ceva Santé Animale, 2003 · Pharma, France
19. Merieux Equity Partners / Vitruvian Partners SponsorVery High77
57 platform investments in Healthcare · 6 deals 2024–26
AUM €1.6B · Mérieux Participations 5 · 2026 vintage · deploying · check €7-50M
2 platform investments since the 2026 vintage · early in deployment vs its usual 8 per fund.
Backed CEVA Santé Animale, 2025 · Pharma, France
20. SHS Gesellschaft für Beteiligungsmanagement SponsorVery High77
37 platform investments in Healthcare · 6 deals 2024–26
SHS VI · 2022 vintage · partially deployed · check €5-41M
12 platform investments since the 2022 vintage · largely deployed vs its usual 8 per fund.
Backed AMW, 2026 · Pharma, Germany
21. Axcel SponsorVery High76
9 platform investments in Healthcare · 15 in Sweden · 14 deals 2024–26
Axcel VII · 2023 vintage · deploying · check €26-194M
15 platform investments since the 2023 vintage · largely deployed vs its usual 9 per fund.
Backed Sangro, 2026 · Healthcare, Germany
22. NORD Holding SponsorVery High76
15 platform investments in Healthcare · 1 in Sweden · 15 deals 2024–26
AUM €5.0B · NORD Holding all inclusive Fitness Continuation Fund · 2026 vintage · deploying
Accelerating: 13 deals in the last 2 years vs 2.5/yr before.
Backed NEC MED PHARMA GmbH, 2016 · Pharma, Germany
23. Impilo SponsorVery High76
15 platform investments in Healthcare · 10 in Sweden · 4 deals 2024–26
AUM €2.0B · Impilo Fund II · 2025 vintage · deploying · check €14-105M
1 platform investment since the 2025 vintage · early in deployment vs its usual 6 per fund.
Backed Avia Pharma, 2024 · Pharma, Sweden
24. BC Partners SponsorVery High75
19 platform investments in Healthcare · 5 deals 2024–26
AUM €40.0B · BC Partners XII · 2025 vintage · deploying · check €44-330M
5 platform investments since the 2025 vintage · early in deployment vs its usual 12 per fund.
Backed InfoRLife, 2026 · Pharma, Switzerland
25. Ring Capital SponsorVery High75
10 platform investments in Healthcare · 32 deals 2024–26
AUM €470M · Ring Altitude II · 2025 vintage · deploying · check €4-33M
17 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Dermascan, 2026 · HealthTech, France
Scores and facts derive from verified deal records only; sample floors and thresholds are published on the methodology page. Figures marked with a tilde are bands, not disclosures.