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Heijmans Acquires Dynniq Energy

Egeria

Heijmans has acquired Dynniq Energy, strengthening its position as an integrated player in the market for the construction and maintenance of energy-related infrastructure. Dynniq Energy is a specialist in the design, construction and upgradation of high, medium and low-voltage power stations for grid managers and household energy connections.

Heijmans’ strategic growth

Energy infrastructure is one of the strategic growth pillars of Heijmans. The Netherlands is facing a major energy transition and this is accelerating the call for reinforcing its electricity grids and the construction of district heating networks. In addition to energy transport, the demand from inner-city areas for energy grid reinforcement as well as capacity expansion and availability of energy is increasing. Heijmans is already active in a multidisciplinary manner in the area of electricity transport and distribution, and thanks to the acquisition of Dynniq Energy is now in an even stronger position. The acquisition of Dynniq Energy – including approximately 100 employees and annual revenue of more than € 30 million – is a logical step in Heijmans’ strategy of accelerated growth in this market.

Heijmans will not be disclosing the financial details of the transaction. The acquisition is still subject to approval by the Dutch Consumers and Markets Authority (ACM). As soon as approval is obtained, the acquisition will be effective. Each Works Council has already given their respective approval for the agreement.

Integrated player

“Dynniq Energy’s knowledge and expertise will strengthen our position as an integrated chain partner for grid operators,” says Heijmans Infra board chairman Bart Smolders. “This acquisition puts us in an even stronger position in this growth market. We are increasing synergies with a party we already work with closely on multiple projects before today. From design to construction and maintenance, from spatial integration to environmental management. Together, we can build and manage  the energy infrastructure chain end to end between source and user,” says Smolders.

Transition to sustainable energy

Heijmans has been building energy infrastructure for various utilities companies for many years. As a specialist in the field of high-quality cable systems, Heijmans ensures that electricity networks are always available. Heijmans also incorporates energy aspects into its design, construction and maintenance activities and ensures energy supply is a fixed part of its area development projects. With the transition to sustainable energy and the increasing use of electric transport and electrical appliances, the energy grid in the Netherlands needs to be expanded and modernised, as to remain reliable.

About Dynniq Energy

With its head office in Moordrecht, Dynniq Energy focuses on improving energy supply. This includes both the distribution of cables and pipelines to districts and households as well as the engineering and construction of stations for high-voltage networks. The company is a recognised player in the improvement of electricity networks to achieve a low-CO2 emission energy economy. The company’s important customers include grid managers such as Liander, Stedin and TenneT. Dynniq Energy B.V. has been an independent player in the Dutch energy market since 2019.

The company was originally part of Imtech Traffic & Infra, which was acquired by private equity firm Egeria in 2015. “The existing partnership with Heijmans in the energy market has created a good foundation for and confidence in the current acquisition,” says Mark Wetzels of Egeria. “As an advisory board, we are extremely proud of what the entire Dynniq Energy team has achieved and we wish them a bright future under the Heijmans banner,” Wetzels adds. “We were already working together successfully and our cultures are a good fit. This is the perfect step to provide our clients with even better support in achieving their strategic objectives,” says Maarten van Raaij, CEO of Dynniq Energy.

About Heijmans

Everyone wants clean air, to live in a nice neighbourhood, to work in a good workplace and to be able to travel safely from A to B. By making things better, more sustainable and smarter, Heijmans is creating that healthy living environment. Jan Heijmans started as a road builder in 1923. Today, Heijmans is a stock exchange-listed company that combines activities in property development, building & technology and infrastructure. In addition to this, we work safely and we add value to the places where we are active. This is how we build the spatial contours of tomorrow together with our clients: www.heijmans.nl/en/

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Equinor signing strategic collaboration agreement with Aibel

Ferd

To ensure a close and long-term collaboration, Equinor and Aibel have entered into a strategic collaboration agreement. The ten-year agreement aims to ensure predictability, which will be important to both parties in times of many great and important opportunities.

For several years Aibel has been one of Equinor’s key collaboration partners. As an example they were awarded the majority of contracts for further development of mature fields on the Norwegian continental shelf (NCS) in 2020 and 2021. Equinor has contributed to a major share of Aibel’s earnings, and the companies have for several years worked on a joint improvement effort to strengthen safety and efficiency in the projects.

“Equinor has clear ambitions for the energy transition, and we have a high activity level in oil and gas, renewables and low-carbon technologies. Through this strategic collaboration agreement we create security for both parties, giving Aibel an opportunity to get more assignments, while we know that we will be able to deliver our projects with the high quality that Aibel is known for and we depend on to succeed,” says Geir Tungesvik, executive vice president for Projects, Drilling & Procurement.

Key supplier
Aibel is Equinor’s key supplier of maintenance and modification services on offshore and onshore installations. The framework agreement with Aibel on these services was recently extended to March 2026. CEO of Aibel, Mads Andersen, sees the new collaboration agreement as an important step to further develop the companies’ joint improvement agenda, not least in terms of safety. At the same time he is proud of Aibel being the first company with which Equinor is signing such a strategic agreement.

“Aibel and Equinor have for a long time had a close and good collaboration on the NCS, and the new collaboration agreement forms the basis for a long-term continuation of this relationship. The agreement offers Aibel predictability and a better foundation for long-term planning and competence development with less vulnerability to market fluctuations. I am therefore convinced that the agreement will contribute to better, safer and not least more cost-effective deliveries benefitting both parties,” says Andersen.

Aibel has, during the past years, established itself as one of the leading suppliers of offshore converter platforms to be delivered to, i.e., the Dogger Bank A, B and C offshore wind farms in the UK. In addition, Aibel has several times been assigned to perform hook-up of high-voltage systems offshore, such as electrification of Johan Sverdrup and Wisting.

Future-oriented
“I am very pleased that we have arrived at this strategic collaboration agreement, and we strongly believe that Aibel is capable of delivering on the ambitious improvement agenda that the companies have formed together. Aibel can provide a large number of the services we need. We also think it is positive to make a stronger commitment to a major Norwegian supplier, which is present in large parts of the country where we also have activities. This collaboration will continue to create ripple effects in Norway,” says chief procurement officer Mette H. Ottøy.

The companies will keep pursuing opportunities for standardisation and simplification in both offshore wind and electrification of oil and gas installations. Across all activities Equinor and Aibel are focusing on raising awareness on climate change in the fabrication phase and supply chain, and reduce emissions. The companies also have a joint ambition of making the activity in North Norway more robust in a long-term perspective.

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Equinor signing strategic collaboration agreement with Aibel

Ferd

To ensure a close and long-term collaboration, Equinor and Aibel have entered into a strategic collaboration agreement. The ten-year agreement aims to ensure predictability, which will be important to both parties in times of many great and important opportunities.

For several years Aibel has been one of Equinor’s key collaboration partners. As an example they were awarded the majority of contracts for further development of mature fields on the Norwegian continental shelf (NCS) in 2020 and 2021. Equinor has contributed to a major share of Aibel’s earnings, and the companies have for several years worked on a joint improvement effort to strengthen safety and efficiency in the projects.

“Equinor has clear ambitions for the energy transition, and we have a high activity level in oil and gas, renewables and low-carbon technologies. Through this strategic collaboration agreement we create security for both parties, giving Aibel an opportunity to get more assignments, while we know that we will be able to deliver our projects with the high quality that Aibel is known for and we depend on to succeed,” says Geir Tungesvik, executive vice president for Projects, Drilling & Procurement.

Key supplier
Aibel is Equinor’s key supplier of maintenance and modification services on offshore and onshore installations. The framework agreement with Aibel on these services was recently extended to March 2026. CEO of Aibel, Mads Andersen, sees the new collaboration agreement as an important step to further develop the companies’ joint improvement agenda, not least in terms of safety. At the same time he is proud of Aibel being the first company with which Equinor is signing such a strategic agreement.

“Aibel and Equinor have for a long time had a close and good collaboration on the NCS, and the new collaboration agreement forms the basis for a long-term continuation of this relationship. The agreement offers Aibel predictability and a better foundation for long-term planning and competence development with less vulnerability to market fluctuations. I am therefore convinced that the agreement will contribute to better, safer and not least more cost-effective deliveries benefitting both parties,” says Andersen.

Aibel has, during the past years, established itself as one of the leading suppliers of offshore converter platforms to be delivered to, i.e., the Dogger Bank A, B and C offshore wind farms in the UK. In addition, Aibel has several times been assigned to perform hook-up of high-voltage systems offshore, such as electrification of Johan Sverdrup and Wisting.

Future-oriented
“I am very pleased that we have arrived at this strategic collaboration agreement, and we strongly believe that Aibel is capable of delivering on the ambitious improvement agenda that the companies have formed together. Aibel can provide a large number of the services we need. We also think it is positive to make a stronger commitment to a major Norwegian supplier, which is present in large parts of the country where we also have activities. This collaboration will continue to create ripple effects in Norway,” says chief procurement officer Mette H. Ottøy.

The companies will keep pursuing opportunities for standardisation and simplification in both offshore wind and electrification of oil and gas installations. Across all activities Equinor and Aibel are focusing on raising awareness on climate change in the fabrication phase and supply chain, and reduce emissions. The companies also have a joint ambition of making the activity in North Norway more robust in a long-term perspective.

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EQT Exeter expands US multifamily team with the acquisition of Redwood Capital Group

eqt

EQT AB (publ) (“EQT”) has reached an agreement to acquire Redwood Capital Group (“RCG”), a residential core plus and value-add investment manager headquartered in Chicago, Illinois, USA, strengthening EQT Exeter’s position as a global leader across sheds, beds and meds.

Strategic rationale

  • As a vertically integrated, geographic- and sector-focused specialist, the combination of EQT Exeter’s multifamily group with RCG will enable expanded deal flow, allowing the combined team to pursue the highest performing opportunities in the US with experienced professionals across 10 offices
  • RCG’s in-house property management expertise will enhance EQT Exeter’s unique vertical integration and provide expanded services to residents; RCG also brings digital analytics to improve investment and asset management decisions
  • Over more than 15 years, RCG has successfully executed 79 transactions in the US, spanning core plus and value-add strategies, and their deep sector expertise and strong reputation, coupled with EQT Exeter’s world-class in-house residential development team, will improve insight on buy versus build decisions
  • EQT Exeter and RCG share similar investment philosophies and operating platforms, including a strong commitment to sustainability; EQT Exeter is developing multifamily buildings that are Fitwel and LEED certified, including the first Fitwel certified residential building in Philadelphia
  • RCG will leverage EQT Exeter’s existing client relationships and broad international platform, including fundraising capabilities, sustainability efforts, and operational strengths
  • As the largest real estate sector in the US, residential is highly scalable, with positive renter demographics and sustainable growth characteristics, resulting in resilient returns

Founded in 2007 by David Carlson and Mark Isaacson, RCG is a vertically integrated, core plus and value-oriented residential investment management firm, deeply experienced in all operating areas, including acquisition, asset management, construction management and property management. RCG, which has approximately 35 corporate employees, has successfully executed 79 multifamily investments in high-growth US markets, including 48 realized investments that achieved in excess of 2x equity returns across more than 22,000 units. RCG investments comprise deal-by-deal joint ventures on behalf of multiple institutional clients, including global fund sponsors, insurance companies and family offices.

The RCG team will combine with EQT Exeter’s existing US multifamily team, complementing EQT Exeter’s immense development capabilities in the space. The EQT Exeter multifamily team, led by Bryan Lamb, has focused on value-add strategies, primarily with development opportunities located in strong medical, educational, and technical hubs across the US.

Together, RCG and the EQT Exeter Multifamily team have completed transactions totaling USD 5 billion GAV, including over USD 1 billion of high-rise, mid-rise and garden-stye development projects. Following this combination, EQT Exeter’s expanded multifamily team will consist of nearly 55 experienced investment professionals, in addition to RCG’s in-house property management team, making EQT Exeter one of the strongest vertically integrated real estate firms. With expertise in acquisitions, asset management, property management and construction and development across 10 US cities, the combination will further EQT Exeter’s local-with-locals offering with dedicated residential expertise. The new group will be led by RCG’s co-founder, David Carlson, who will report directly to Ward Fitzgerald, head of EQT Exeter. The integrated team will build on the existing successful approach of acquiring and developing residential properties across value-add and core plus strategies and intends to pursue diverse residential strategies in sectors including multifamily, student housing, workforce housing and self-storage.

Ward Fitzgerald, Partner and Head of EQT Exeter, said, “I am thrilled to welcome David, Mark and the RCG team to EQT Exeter. RCG’s strong cultural fit, impressive performance, aligned investment approach and similar commitment to sustainability make them the ideal partners as we continue to establish EQT Exeter as a global geo-sector leader across sheds, beds, and meds. Expanding our multifamily offering is a crucial step in our growth, and this combination offers a fantastic opportunity to build on the significant track records of both our firms, as we develop one of the leading residential real estate businesses in the US.”

David Carlson, Co-Founder and CIO of Redwood Capital Group, said, “When Mark Isaacson and I founded RCG over 15 years ago, our goal was to create one of the premier real estate investment management platforms in the industry. We are proud of what our people, track record and culture have allowed us to achieve and believe that with this combination with the EQT Exeter multifamily team, and the backing of EQT AB, we will continue to fulfill that vision”

RCG has approximately 35 full-time employees that will join EQT Exeter and is estimated to generate below USD 10 million in revenues during 2022. The transaction is not deemed to have a material impact on EQT AB’s financial numbers and will not add any assets under management to EQT AB at closing. Closing on the transaction, which is subject to customary closing conditions including third party consents, is expected to take place by Q3 2022.

Disclaimer
This press release contains forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward- looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond EQT’s control, which may cause actual results to differ significantly from those expressed in any forward- looking statement. All forward-looking statements reflect EQT’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, EQT disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.

Contact
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT today has EUR 77 billion in assets under management across 36 active funds within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 23 countries across Europe, Asia-Pacific and the Americas and has more than 1,300 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, Twitter, YouTube and Instagram

About EQT Exeter
EQT Exeter is a global real estate solutions provider serving corporate and consumer tenants with scope and scale. EQT Exeter is among the largest real estate investment managers in the world, focused on acquiring, developing and managing logistics/industrial, office, life science and residential properties in Europe, the Americas and Asia. EQT Exeter was created through the combination of EQT Real Estate and Exeter Property Group.

A global leader in sheds, beds, and meds, EQT Exeter currently oversees a portfolio totaling over 350 million square feet across 1,800 buildings, while executing a tenant-centric strategy. The EQT Exeter Team comprises more than 300 experienced professionals operating in 44 offices around the globe. Together, they have consummated over 850 real estate investments. As part of EQT, the team leverages the firm’s industry-leading sustainability credentials and framework and in-house digitalization skills to generate increased value for its investor clients.

About Redwood Capital Group
Established in 2007, Redwood Capital Group has acquired, renovated and repositioned more than 22,000 units encompassing 79 individual multifamily investment properties. RCG has invested in excess of USD 1 billion of equity on behalf of world-class institutions, life companies, global fund sponsors and family offices. RCG has an exceptional track record built on the experience and dedication of their highly competent real estate professionals. The firm’s core plus and value-add investments are sourced in a differentiated set of target cities and regions, backed by a proprietary data-driven model that incorporates up to 24 metrics by market, including multiple demographic trends and a diversified, and durable employment base.

More info: www.redwoodcapgroup.com

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New vertically integrated dental chain established in the Netherlands

Bencis

Breda, March 2022

In January 2022 the Clinias Dental Group B.V. (CDG) was established by a
consortium of partners including Bencis.

CDG is a vertically integrated dental chain with the core of its activities based in the
Netherlands and headquartered in Breda (NL). The group has the ambition to
become an international best-in-class provider of dental care across the value chain.

Dental care will be provided to the patients of the group through large scale dental
clinics meeting the highest quality standards and through mobile dental clinics to
patients with no or limited ability to visit our clinics. The (mobile) clinics and their staff
will have access to a broad range of products and services provided from within the
group including but not limited to dental implants, dental laboratory technicians,
micro-biological tests and recruitment and staffing services.

The Netherlands has been one of the leading countries in dental for a long time.
However, the industry in the Netherlands is increasingly facing a shortage of young
talent graduating from university. To make a meaningful impact on the access to and
continuity of high-quality dental care in the Netherlands CDG has established an
international recruitment and education platform to help talent from a variety of
countries to obtain employment in the Dutch dental market.

CDG sees the opportunity to expand its business, besides the organic growth of its
existing organisation, through the acquisition of dental clinics or related businesses
with the current focus on the Netherlands and parts of Germany. The investment of
the current shareholders of the company will help CDG to build the scale required to
further improve quality of care and to safeguard continuation thereof.

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KKR Grows Self-Storage Portfolio With Five New Acquisitions

KKR

NEW YORK–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the acquisition of five new self-storage properties totaling approximately 4,100 units for an aggregate purchase price of approximately $98 million. The properties were acquired from four different sellers in three separate transactions and are located in: Phoenix, Arizona; Dallas, Texas; San Antonio, Texas; and Palm City, Florida.

“We continue to expand our portfolio of high-quality self-storage properties across Sunbelt markets that are experiencing strong population growth and in-migration,” said Ben Brudney, a Director in the Real Estate group at KKR. “We track sector fundamentals closely and believe these assets are located in submarkets that are well positioned to benefit from outsized demand over the medium to long term.”

The purchases were made through KKR’s Americas opportunistic equity real estate fund, KKR Real Estate Partners Americas III.

Since launching a dedicated real estate platform in 2011, KKR has grown its real estate assets under management to approximately $59 billion across the U.S., Europe and Asia Pacific as of March 31, 2021. KKR’s global real estate team consists of over 135 dedicated investment professionals, spanning both the equity and credit business, across 13 offices and 10 countries.

About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Media:
Miles Radcliffe-Trenner
212-750-8300
media@kkr.com

Source: KKR

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Nordstjernan issues call options in Alligo

Nordstjernan

The chairman of the board of Alligo AB (publ), Göran Näsholm, has acquired call options for shares in Alligo. The call options were issued on market-based terms by Alligo’s principal owner, Nordstjernan AB. The call options do not entail any dilution for the other shareholders. Alligo is not participating in the issue of the call options and will not be charged with any related costs.

Peter Hofvenstam
President and CEO
Nordstjernan AB

Questions will be answered by:

Peter Hofvenstam, CEO, Nordstjernan
E-mail: peter.hofvenstam@nordstjernan.se

Stefan Stern, Head of Communications, Nordstjernan
Telephone: +46 70 636 74 17
E-mail: stefan.stern@nordstjernan.se

Nordstjernan is a family-controlled investment company whose business concept is to be an active owner that creates long-term value growth. More information about Nordstjernan can be found on www.nordstjernan.se.

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Active Capital Company invests in German machine building company LIEB

ActiveCapital

The new phase for the family business enables succession and continues growth in the semiconductor industry

Active Capital Company (ACC) acquired the shares of Werner Lieb GmbH & Co KG (LIEB). LIEB is a German machine building company and a specialist in developing and manufacturing automation solutions with a focus on the semiconductor industry. With this next platform investment, ACC is expanding its portfolio in Germany whilst leveraging on its hands-on investment approach and strong track record in investing in machine building companies.

Expand and internationalise offering for the semiconductor industry

Hartwig Ostermeyer, partner at ACC: “We believe that LIEB has an excellent position to grow with the increasing demand for chip production capacity, especially in Europe. LIEB is standing for more than 60 years of highest German machine building expertise and has built an excellent reputation and customer base in the semiconductor industry in recent years”. ACC sees huge potential in further innovation and internationalisation. “LIEB has an impressive innovation pipeline, and we will invest in commercialisation and offering these solutions to an international customer base.”

Secure company succession of family-owned SME

Steffen Lieb, previous co-shareholder of Lieb: ”We started this process to sort out a succession plan and have found not only a trustworthy new shareholder but a true partner, who will actively support LIEB in realising its strategic ambitions.” His brother and previous co-shareholder Michael Lieb added: “We have been impressed by the technical expertise, the entrepreneurship and active approach and we are convinced that ACC is the right partner for our family-heritage.”

About LIEB

LIEB, based in Rödental, Germany, was founded in 1955 by Werner Lieb, the grandfather of the current managing partners Steffen and Michael Lieb. After the sudden death of the company founder in 1982, the company was continued by his son, Dieter Lieb, until 2006. At the beginning of 2007, he transferred the management of the company to his two sons. Core competence is to engineer and produce specialised automation machinery increasing efficiency and quality in high precision production processes. In recent years the company has specialised in automation solutions for the semiconductor industry and these machines are used by leading chip manufacturers worldwide. www.werner-lieb.de

About Active Capital Company

ACC is an independent hands-on private equity investor focused on small and medium sized enterprises in the Netherlands and Germany. ACC invests in companies active in the sectors Industry, Technical Wholesale and Business Services with revenues between € 10m and € 100m. Through a highly entrepreneurial and active approach, ACC maximises the long-term value of its investments by supporting management in the execution of value enhancing projects and providing access to its extensive partner network. ACC currently invests from its fourth fund and started its German operations in 2019 with the investment in and successful transformation of SchahlLED. ACC has offices in Amsterdam and Munich. www.activecapitalcompany.com

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Médisup Sciences Group Acquires a Majority Stake in Take the Wind

Stirling Square

Médisup Sciences Group acquires a majority stake in Take the Wind. Combined group creates leading global medical education and simulation provider.

‍The holding company of Médisup Sciences (“Médisup”), a leading French medical education company, is pleased to announce the acquisition of a majority stake in Take The Wind S.A (TTW).

Take The Wind is a Portuguese specialist technology leader in the virtual medical simulation market, serving medical, nursing, community colleges and high schools, scientific societies, hospitals, and pharmaceutical companies globally. The Company operates primarily under the Body Interact brand, which simulates real world scenarios with virtual patients via 700+ clinical cases, dynamically integrating multiple internal and external drivers of patients’ health conditions. The product is available in eight languages, and currently serves over 180,000 users in over 50countries.

Take the Wind was founded in 2008 by Teresa and Pedro Pinto, who will both retain a significant stake in the Company and will continue to lead its management team.

Arnaud Dreyfuss, founder and CEO of Médisup said, “We are delighted to partner with the Take the Wind team in the next phase of the business’s growth. Body Interact is the best-in-class operator providing exceptional levels of education that enables medical students and professionals to dramatically improve their clinical abilities in a cost-efficient way.”

Teresa Pinto, co-founder and COO of TTW added, “We are very excited to collaborate with Médisup, and foresee a strong cultural fit given the similar founder-led mentality. We express our profound gratitude to the whole TTW team, including its business partners and customers, for being part of the development of a game-changer product and a global company, which will consolidate its industry leadership and continue its high innovative performance in this new stage.”

As with Take The Wind, Médisup continues to be founder-led, following its 2021 sale of a majority stake to StirlingSquare Capital Partners, a leading pan-European mid-market private equity firm.

‍

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