Buyer landscape
Likely buyers · Healthcare in Germany.
Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
How companies like this sold · 280 verified exits: 22% to sponsors, 71% to corporates and platforms, 6% via IPO, 1% other routes. Route shift since 2020: sponsors 18% (was 28%), corporates and platforms 79% (was 59%), IPO 2% (was 11%).
The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 10 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. Inflexion SponsorVery High89
10 platform investments in Healthcare · 5 in Germany · 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.
Backed CNX Therapeutics, 2025 · Healthcare, UK
2. NORD Holding SponsorVery High89
15 platform investments in Healthcare · 40 in Germany · 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 M.A.S. Material Analytischer Service GmbH, 2025 · Healthcare, Germany
3. Bridgepoint SponsorVery High88
34 platform investments in Healthcare · 9 in Germany · 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
4. Bridgepoint Development Capital SponsorVery High88
31 platform investments in Healthcare · 6 in Germany · 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
5. Bridgepoint (52.5% majority stake) SponsorVery High88
30 platform investments in Healthcare · 6 in Germany · 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
6. Bridgepoint BE VII + General Atlantic SponsorVery High88
30 platform investments in Healthcare · 6 in Germany · 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
7. Bridgepoint Capital SponsorVery High88
31 platform investments in Healthcare · 6 in Germany · 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
8. Bridgepoint Capital Developpement SponsorVery High88
30 platform investments in Healthcare · 6 in Germany · 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
9. Bridgepoint Development Capital (with Paluel-Marmont Capital & LT Capital) SponsorVery High88
30 platform investments in Healthcare · 6 in Germany · 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
10. NORD Holding / Pinova Capital SponsorVery High88
12 platform investments in Healthcare · 37 in Germany · 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 M.A.S. Material Analytischer Service GmbH, 2025 · Healthcare, Germany
11. Inflexion (Partnership Capital III) SponsorVery High86
9 platform investments in Healthcare · 4 in Germany · 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 CNX Therapeutics, 2025 · Healthcare, UK
12. EQT SponsorVery High85
50 platform investments in Healthcare · 40 in Germany · 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.
Bought Europa Biosite from Adelis Equity, 2025 · Healthcare, Sweden
13. IK Partners SponsorVery High84
34 platform investments in Healthcare · 34 in Germany · 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 Sterimed Group, 2025 · Healthcare, France
14. IK Partners (IK Small Cap III) SponsorVery High84
29 platform investments in Healthcare · 32 in Germany · 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 Sterimed Group, 2025 · Healthcare, France
15. IK Partners / GIC / Keensight / Parquest / management SponsorVery High84
28 platform investments in Healthcare · 32 in Germany · 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 Sterimed Group, 2025 · Healthcare, France
16. Turenne Groupe SponsorVery High83
55 platform investments in Healthcare · 34 deals 2024–26
AUM €2.0B · Capital Sante 3 · 2025 vintage · deploying · check €3-21M
20 platform investments since the 2025 vintage · early in deployment vs its usual 80 per fund.
Backed Destia, 2026 · Healthcare, France
17. Ardian SponsorVery High82
67 platform investments in Healthcare · 50 in Germany · 51 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
18. Archimedes Partners SponsorVery High82
53 platform investments in Healthcare · 7 in Germany · 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
19. Ardian Clean Energy Evergreen Fund SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 44 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
20. Ardian Mid Cap Buyout SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
21. Ardian (Clean Energy Evergreen Fund) SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 43 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
22. Ardian (ex-AXA Private Equity) SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
23. Ardian / Crédit Agricole Assurances consortium SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
24. Ardian + Tikehau Capital + EMZ consortium (Bpifrance + Amundi + Siparex) SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 43 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, France
25. Ardian and Centerbridge Partners SponsorVery High81
62 platform investments in Healthcare · 45 in Germany · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Ourvita + HBI, 2025 · Healthcare, 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.