Buyer landscape

Likely buyers · MedTech in France.

Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables

How companies like this sold · 392 verified exits: 35% to sponsors, 60% to corporates and platforms, 4% via IPO, 1% other routes. Route shift since 2020: sponsors 31% (was 42%), corporates and platforms 65% (was 50%), IPO 2% (was 8%).

The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 7 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 High92

56 platform investments in Healthcare · 13 in France · 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 High92

53 platform investments in Healthcare · 12 in France · 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 High92

54 platform investments in Healthcare · 13 in France · 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 High92

54 platform investments in Healthcare · 13 in France · 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. Irdi Capital-Investissement SponsorVery High88

25 platform investments in Healthcare · 131 in France · 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

6. Quadrivio Group SponsorVery High87

6 platform investments in Healthcare · 5 in France · 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

7. IK Partners SponsorVery High86

34 platform investments in Healthcare · 82 in France · 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

8. Bpifrance Investissement SponsorVery High85

10 platform investments in Healthcare · 89 in France · 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

9. Charterhouse Capital Partners SponsorVery High85

11 platform investments in Healthcare · 26 in France · 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

10. 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

11. Sodero Gestion, CENCD SponsorVery High85

5 platform investments in Healthcare · 40 in France · 22 deals 2024–26

AUM €350M · Transmettre & Pérenniser III · 2025 vintage · deploying · check €2-15M

12 platform investments since the 2025 vintage · largely deployed vs its usual 10 per fund.

Backed Mediprema Groupe, 2025 · MedTech, France

12. Turenne Groupe SponsorVery High84

55 platform investments in Healthcare · 311 in France · 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 CAIRDAC, 2022 · MedTech, France

13. Idia SponsorVery High84

12 platform investments in Healthcare · 126 in France · 27 deals 2024–26

AUM €2.4B · Crédit Agricole Assurances Avenir et Territoires · 2026 vintage · deploying · check €2-15M

5 platform investments since the 2026 vintage · early in deployment vs its usual 25 per fund.

Backed LANDANGER, 2024 · MedTech, France

14. Ring Capital SponsorVery High84

10 platform investments in Healthcare · 52 in France · 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

15. ISALT SponsorVery High84

4 platform investments in Healthcare · 29 in France · 10 deals 2024–26

AUM €3.0B · Strategie Horizon Dual (SHD) · 2025 vintage · deploying · check €6-45M

4 platform investments since the 2025 vintage · early in deployment vs its usual 10 per fund.

Backed Oury Médical, 2026 · MedTech, France

16. Capital Grand Est SponsorVery High83

23 platform investments in Healthcare · 63 in France · 11 deals 2024–26

AUM €228M · ReBest · 2023 vintage · deploying · check €1-6M

13 platform investments since the 2023 vintage · largely deployed vs its usual 13 per fund.

Backed Dianosic, 2025 · MedTech, France

17. 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

18. UI Investissement SponsorVery High82

14 platform investments in Healthcare · 41 in France · 11 deals 2024–26

AUM €1.7B · Cap Autrement · 2023 vintage · deploying

13 platform investments since the 2023 vintage · largely deployed vs its usual 10 per fund.