Buyer landscape
Likely buyers · HealthTech in Switzerland.
Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
How companies like this sold · 44 verified exits: 11% to sponsors, 73% to corporates and platforms, 14% via IPO, 2% other routes. 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 14 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 · 23
Tier 1 · Very High · score 70+
1. Archimedes Partners SponsorVery High85
53 platform investments in Healthcare · 2 in Switzerland · 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 Arkstone, 2025 · HealthTech, US
2. Ring Capital SponsorVery High84
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
3. NORD Holding SponsorVery High84
15 platform investments in Healthcare · 1 in Switzerland · 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 Medas Group, 2026 · HealthTech, Germany
4. ArchiMed SponsorVery High83
56 platform investments in Healthcare · 2 in Switzerland · 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 Arkstone, 2025 · HealthTech, US
5. ARCHIMED and Institut Mérieux SponsorVery High83
54 platform investments in Healthcare · 2 in Switzerland · 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 Arkstone, 2025 · HealthTech, US
6. ArchiMed and Tethys Invest SponsorVery High83
54 platform investments in Healthcare · 2 in Switzerland · 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 Arkstone, 2025 · HealthTech, US
7. NORD Holding / Pinova Capital SponsorVery High83
12 platform investments in Healthcare · 1 in Switzerland · 12 deals 2024–26
AUM €5.0B · NORD Holding all inclusive Fitness Continuation Fund · 2026 vintage · deploying
Accelerating: 10 deals in the last 2 years vs 2.5/yr before.
Backed Medas Group, 2026 · HealthTech, Germany
8. Merieux Equity Partners / Vitruvian Partners SponsorVery High79
57 platform investments in Healthcare · 1 in Switzerland · 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 Health in Code, 2026 · HealthTech, Spain
9. Armira SponsorVery High79
6 platform investments in Healthcare · 2 in Switzerland · 12 deals 2024–26
AUM €5.0B · Armira III · 2025 vintage · deploying · check €20-150M
8 platform investments since the 2025 vintage · mid-deployment vs its usual 10 per fund.
Backed nyra health, 2026 · HealthTech, Austria
10. Inflexion SponsorVery High78
10 platform investments in Healthcare · 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
11. capiton VI SponsorVery High77
13 platform investments in Healthcare · 8 in Switzerland · 3 deals 2024–26
AUM €1.6B · capiton Quantum · 2023 vintage · deploying · check €5-37M
4 platform investments since the 2023 vintage · mid-deployment vs its usual 7 per fund.
Backed SAPV Care, 2026 · Healthcare, Germany
13. GHO Capital Partners SponsorVery High76
21 platform investments in Healthcare · 4 deals 2024–26
AUM €9.0B · GHO Capital IV LP · 2025 vintage · deploying · check €50-375M
3 platform investments since the 2025 vintage · mid-deployment vs its usual 6 per fund.
Backed Scientist.com, 2025 · HealthTech, US
14. Alantra Private Equity Healthcare Continuation Fund SponsorVery High76
5 platform investments in Healthcare · 5 deals 2024–26
AUM €720M · Alantra Private Equity Fund IV · 2023 vintage · deploying
5 platform investments since the 2023 vintage · largely deployed vs its usual 4 per fund.
Bought Health in Code from Alantra Private Equity, 2026 · HealthTech, Spain
15. Lauxera Capital Partners SponsorVery High76
16 platform investments in Healthcare · 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 Natural Cycles, 2024 · HealthTech, Sweden
16. Impact Expansion Management SponsorVery High76
5 platform investments in Healthcare · 10 deals 2024–26
AUM €150M · Impact Expansion Fund I · 2024 vintage · deploying · check €3-23M
10 platform investments since the 2024 vintage · largely deployed vs its usual 8 per fund.
Backed neurocare, 2025 · HealthTech, Germany
18. EQT SponsorVery High75
50 platform investments in Healthcare · 7 in Switzerland · 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 CluePoints, 2024 · HealthTech, Belgium
19. Bpifrance Investissement SponsorVery High75
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 Adcendo, 2026 · Biotech, Denmark
20. Inflexion (Partnership Capital III) SponsorVery High75
9 platform investments in Healthcare · 25 deals 2024–26
AUM €11.0B · Inflexion Buyout Fund VII · 2026 vintage · deploying · check €90-675M
Accelerating: 15 deals in the last 2 years vs 5.0/yr before.
Backed Primed, 2026 · MedTech, Germany
21. IK Partners SponsorVery High74
34 platform investments in Healthcare · 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.
Bought Ellab from EQT, 2023 · HealthTech, Denmark
22. Bridgepoint SponsorVery High74
34 platform investments in Healthcare · 2 in Switzerland · 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 {my}dentist (formerly IDH) from Palamon Capital Partners, 2025 · Healthcare, UK
23. Bridgepoint Development Capital SponsorVery High74
31 platform investments in Healthcare · 2 in Switzerland · 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 {my}dentist (formerly IDH), 2025 · Healthcare, UK
24. Bridgepoint (52.5% majority stake) SponsorVery High74
30 platform investments in Healthcare · 2 in Switzerland · 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 {my}dentist (formerly IDH), 2025 · Healthcare, UK
25. Bridgepoint BE VII + General Atlantic SponsorVery High74
30 platform investments in Healthcare · 2 in Switzerland · 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 {my}dentist (formerly IDH), 2025 · Healthcare, UK
Strategic buyers · 2
Tier 1 · Very High · score 70+
12. PsychPlus CorporateVery High77
5 acquisitions in Healthcare · 5 deals 2024–26
Bought Koa Health from Yaday, 2026 · HealthTech, Spain
17. Thermo Fisher Scientific CorporateVery High76
8 acquisitions in Healthcare · 5 deals 2024–26
Accelerating: 5 deals in the last 2 years vs 0.8/yr before.
Bought Clario from Astorg, 2026 · HealthTech, US
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.