Fremman Acquires Majority Stake in Palex from Ergon and Corpfin

Ergon Acquires Majority Stake in Palex from Corpfin and Knuth Family

December 23, 2019

Healthcare Services

Ergon Capital Partners has agreed to acquire a majority stake in Palex, the leading distributor of hospital equipment, technology and solutions in Spain and Portugal, from Corpfin Capital, the Knuth family and the management team. Corpfin will retain a minority stake alongside Ergon and Palex’s management as Ergon supports the company’s national and international growth plans.

Apax Partners and Fremman Capital acquire co-controlling stakes in Palex Medical

August 1, 2023

Medical Devices

Funds advised by Apax Partners LLP and funds advised by Fremman Capital agreed to acquire co-controlling stakes in Palex Medical, with Fremman remaining an investor while some of its funds and other minority shareholders sell. Palex, a Sant Cugat del Vallès (Barcelona)-headquartered MedTech distributor with ~928 employees, will partner with Apax and Fremman to accelerate pan-European growth and international expansion; the deal is expected to close in Q4 2023 and financial terms were not disclosed.

Palex, backed by Ergon, acquires Comercial Rafer (Rafer)

February 3, 2021

Medical Devices

Palex, the Spain-and-Portugal MedTech distributor backed by Ergon, has acquired Comercial Rafer, S.L., a Zaragoza-based distributor of reagents and laboratory instruments focused on IVD and histocompatibility. The add-on expands Palex's IVD and laboratory diagnostics offering and brings Rafer's ~40 employees, nationwide salesforce and technical service into the Palex platform.

Fremman Capital Acquires Majority Stake in HT Médica

November 30, 2023

Healthcare Services

Fremman Capital has acquired a majority stake in HT Médica, a leading Spanish provider of radiology and diagnostic imaging services, partnering with the Luna family to support the company's next stage of growth. Fremman will help HT Médica expand its reach, implement technology and drive value creation across its network of 20 diagnostic imaging centres and 2 laboratory centres in Spain.

Fremman Capital Acquires Majority Stake in connexta

March 27, 2024

IT Services

Fremman Capital has acquired a majority stake in Munich-headquartered IT services platform connexta from AURELIUS Wachstumskapital, with the company's management and sellers remaining as significant minority shareholders. H.I.G. WhiteHorse Europe provided a €90 million debt financing package to support the acquisition and connexta's planned buy-and-build expansion across the German SME market.

EQT Private Equity and Goldman Sachs Asset Management Acquire Parexel from Pamplona Capital Management

July 2, 2021

Healthcare Services

EQT Private Equity (EQT IX) and Goldman Sachs Asset Management's Private Equity business have agreed to acquire Parexel from Pamplona Capital Management for an enterprise value of USD 8.5 billion. Parexel, a global clinical research organization co-headquartered in Durham, North Carolina and Newton, Massachusetts, employs more than 17,000 people and provides outsourced clinical development, regulatory, market access and consulting services to the pharma and biotech industry.