Mérieux Equity Partners Takes Significant Minority Stake in Health in Code

Mérieux Equity Partners and Siparex Acquire Majority Stake in Piercan

March 21, 2023

Medical Devices

Mérieux Equity Partners' MP4 fund has signed a definitive agreement to acquire a controlling majority stake in Piercan, with Groupe Siparex and regional investor Normandie Participations investing alongside. The deal is a primary LBO that will support Piercan — a Normandy-based, global manufacturer of isolator and dry-box gloves for the pharmaceutical and nuclear industries — to improve industrial capabilities, pursue international expansion and diversify into new market segments; the founding Lucas family and other historical shareholders reinvest part of their proceeds.

H.I.G. Capital Makes $225M Strategic Minority Investment in eHealth, Inc.

May 17, 2021

Healthcare Services

An affiliate of H.I.G. Capital completed a $225 million strategic minority investment in eHealth, Inc. via convertible preferred stock. The capital will be used to accelerate eHealth's growth, expand scale and market share, and fast-track the company's strategic initiatives for its online health insurance marketplace.

H.I.G. Growth Partners Acquires Mobile Health

June 17, 2024

Healthcare Services

H.I.G. Growth Partners, the growth capital affiliate of H.I.G. Capital, has completed the acquisition of Mobile Health Consumer, Inc., an end-to-end digital health, wellness, and virtual care SaaS platform. Mobile Health serves more than 4.5 million lives and 90,000+ customers; H.I.G. Growth will partner with management to scale the platform, expand capabilities, and accelerate adoption through channel partners and direct-to-employer deployments.

Investcorp Acquires Majority Stake in Eficode

December 20, 2022

IT Services

Investcorp has agreed to make a significant investment to become majority shareholder in Eficode, a Helsinki-based DevOps consulting and managed services provider. The partnership will support Eficode's international expansion and further organic and acquisitive growth while the founder and management remain significant shareholders.

Alantra (with Hayfin) Launches €155M Continuation Fund to Back Health in Code

February 20, 2026

Healthcare Services

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.

Falfurrias Capital Partners Invests in H Code

August 31, 2021

Marketing & Advertising

Falfurrias Capital Partners has made a growth capital investment in H Code, the largest multicultural digital media company in the U.S., to help scale the company’s content studio, publisher network, and intelligence center. As part of the investment, Falfurrias executive Alexander Jutkowitz will join H Code as Executive Chairman and Ad Council CEO Lisa Sherman will join the board; Canaccord Genuity served as financial advisor to H Code.