Alantra (with Hayfin) Launches €155M Continuation Fund to Back Health in Code
February 20, 2026
Alantra Private Equity closed a €155 million single-asset continuation vehicle, led by Hayfin Capital Management, to increase and retain its stake in clinical genomics platform Health in Code. As part of the recapitalization Mérieux Equity Partners joined as a c.20% minority investor while existing investors in Alantra Private Equity Fund III received liquidity; the new capital and a reorganized debt facility are intended to accelerate international expansion and add-on M&A across Europe.
- Buyers
- Alantra Private Equity, Hayfin Capital Management, Mérieux Equity Partners, BNP Paribas Asset Management, AltamarCAM Partners
- Targets
- Health in Code
- Sellers
- Existing investors in Alantra Private Equity Fund III
- Industry
- Healthcare Services
- Location
- Spain
- Transaction Type
- Recapitalization
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