Buyer landscape
Likely buyers · MedTech in Spain.
Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
How companies like this sold · 81 verified exits: 33% to sponsors, 64% to corporates and platforms, 1% via IPO, 1% 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 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 SponsorVery High87
56 platform investments in Healthcare · 2 in Spain · 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 Stago, 2026 · MedTech, France
2. Archimedes Partners SponsorVery High87
53 platform investments in Healthcare · 1 in Spain · 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 Stago, 2026 · MedTech, France
3. ARCHIMED and Institut Mérieux SponsorVery High87
54 platform investments in Healthcare · 1 in Spain · 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 Stago, 2026 · MedTech, France
4. ArchiMed and Tethys Invest SponsorVery High87
54 platform investments in Healthcare · 1 in Spain · 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 Stago, 2026 · MedTech, France
5. NORD Holding SponsorVery High85
15 platform investments in Healthcare · 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.
Bought Hallmarq Veterinary Imaging from August Equity, 2026 · MedTech, UK
6. Charterhouse Capital Partners SponsorVery High82
11 platform investments in Healthcare · 5 in Spain · 10 deals 2024–26
AUM €7.0B · Charterhouse Capital Partners XI · 2023 vintage · deploying · check €28-210M
10 platform investments since the 2023 vintage · mid-deployment vs its usual 14 per fund.
Backed Winback, 2025 · MedTech, France
7. Merieux Equity Partners / Vitruvian Partners SponsorVery High82
57 platform investments in Healthcare · 2 in Spain · 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 Prothea Technologies, 2024 · MedTech, UK
8. NORD Holding / Pinova Capital SponsorVery High82
12 platform investments in Healthcare · 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 Hallmarq Veterinary Imaging, 2026 · MedTech, UK
9. Quadrivio Group SponsorVery High82
6 platform investments in Healthcare · 14 deals 2024–26
AUM €2.0B · Artificial Intelligence PE Fund · 2025 vintage · deploying
6 platform investments since the 2025 vintage · mid-deployment vs its usual 6 per fund.
Backed Biotec Italia, 2025 · MedTech, Italy
10. Inflexion SponsorVery High81
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. Miura Partners SponsorVery High81
6 platform investments in Healthcare · 33 in Spain · 8 deals 2024–26
AUM €1.5B · Dent&Co · 2024 vintage · deploying · check €4-30M
7 platform investments since the 2024 vintage · largely deployed vs its usual 5 per fund.
Backed Saesco Medical, 2025 · MedTech, Spain
12. Alantra Private Equity Healthcare Continuation Fund SponsorVery High80
5 platform investments in Healthcare · 16 in Spain · 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
13. IK Partners SponsorVery High79
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 Sterimed from Sagard, 2025 · MedTech, France
14. Bridgepoint SponsorVery High79
34 platform investments in Healthcare · 7 in Spain · 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
15. Inflexion (Partnership Capital III) SponsorVery High79
9 platform investments in Healthcare · 1 in Spain · 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
16. Ardian SponsorVery High78
67 platform investments in Healthcare · 27 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
17. Irdi Capital-Investissement SponsorVery High78
25 platform investments in Healthcare · 33 deals 2024–26
AUM €550M · IRDI Impulsion · 2021 vintage · partially deployed · check €2-15M
76 platform investments since the 2021 vintage · largely deployed vs its usual 26 per fund.
Backed DiappyMed, 2026 · MedTech, France
18. Ardian Clean Energy Evergreen Fund SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
19. Ardian Mid Cap Buyout SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
20. Ardian (Clean Energy Evergreen Fund) SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
21. Ardian (ex-AXA Private Equity) SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
22. Ardian / Crédit Agricole Assurances consortium SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
23. Ardian + Tikehau Capital + EMZ consortium (Bpifrance + Amundi + Siparex) SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
24. Ardian and Centerbridge Partners SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
25. Ardian and GoldenTree Asset Management SponsorVery High77
62 platform investments in Healthcare · 22 in Spain · 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 WS Audiology, 2022 · MedTech, Denmark
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.