Cerba healthcare to welcome EQT as new shareholder to foster innovation and continue to meet the healthcare challenges

PSP Investments; Cerba Healthcare

PR88783

 

ISSY LES MOULINEAUX, BAAR-ZUG, MONTREAL and PARIS, March 31, 2021 /PRNewswire=KYODO JBN/ --

 

Cerba HealthCare, leading player in medical diagnosis, together with Partners

Group, and the Public Sector Pension Investment Board ("PSP Investments") have

entered into exclusive discussions with EQT Private Equity to enable the

Company to pursue its long-term innovation services strategy and enhance

services for patients and the medical community.

 

Logo -

https://mma.prnewswire.com/media/1477637/PSP_Investments_Cerba_healthcare_to_welcome_EQT_as_new_sharehold.jpg

 

 

Cerba Healthcare, headquartered in France and firmly established in Europe and

Africa through its historical routine and specialty biology expertise, also

operates globally through its clinical trials business unit for the validation

of new compounds and vaccines. It stands as a unique group in the diagnosis

market, covering the needs for diagnostic tools and expertise for patients,

physicians, hospitals and the pharmaceutical industry.

 

With this new partnership, Cerba HealthCare reinforces its capital structure

with its existing shareholders -more than 400 long-time biologists and

managers- and its long-term partner, PSP Investments, to sustain the Group's

development strategy and current transformation.

 

Catherine Courboillet, CEO, Cerba HealthCare, states: "Over the past four

years, Partners Group has shown a comprehensive understanding of our market and

unwavering support in sustaining Cerba HealthCare's growth strategy. In order

to continue to fulfill the Group's long-term development, we are excited to

welcome a partner that shares the same vision and values, as well as a strong

understanding of the importance of cutting-edge, personalized services. It is

critical to keep on investing heavily in innovation, IT security and talents in

order to drive further and faster our on-going transformation towards better

healthcare services for patients. With EQT, we have chosen an experienced

partner that will strengthen our European positioning while helping us expand

into new markets."

 

Nicolas Brugere, Partner, Investment Advisor at EQT Partners and Head of EQT

France, comments : "EQT has followed Cerba HealthCare for a long time and we

are deeply impressed with the company's unique platform for medical diagnoses

and superior scientific expertise. Cerba HealthCare is a purpose-driven company

with a culture that is well-aligned with EQT's values and we are happy to

partner with its management team and with PSP Investments. EQT Private Equity

is committed to invest in and future-proof Cerba HealthCare for the long-run to

best serve patients and healthcare professionals."

 

Kim Nguyen, Partner, Private Equity Services, Partners Group, adds: "Cerba

HealthCare operates in an important sector and we are proud to have

successfully contributed to the sustainable growth strategy of the Company over

the last four years. In line with Partners Group's focus on positive

stakeholder impact and entrepreneurial governance, Cerba HealthCare has not

wavered in its commitment to responding to the COVID-19 crisis. During our

holding period, the Company has transformed into a market leader, penetrating

new international markets, including in Africa and Italy, further consolidating

its expertise in clinical trials and securing leadership in the veterinary

biology sector. We are convinced Cerba HealthCare is poised for lasting success

and that, after our strong and collaborative partnership, it is the right time

and opportunity for all stakeholders that the Company move into its next phase

of growth."

 

Simon Marc, Senior Managing Director and Global Head of Private Equity, PSP

Investments, said: "Since our initial partnership with Cerba HealthCare in

2017, the company has gone from strength to strength, and we are excited to

continue supporting Catherine and her talented management team as long

term-partners. We look forward to welcoming EQT who has been one of PSP

Investments core partners for many years, and who brings tremendous expertise

in European healthcare. Together, we will provide the long-term strategic

capital to support Cerba HealthCare in achieving its full potential through its

next phase of development as a European leader in medical diagnostics."

 

Following the completion of the deal, which is subject to administrative

notifications and regulatory approvals, EQT Private Equity and PSP Investments

will work with Cerba HealthCare's management team, led by CEO Catherine

Courboillet, to support the numerous growth opportunities of the business.

These include the continuation of the Company's highly successful M&A strategy

on a global scale, as well as the acceleration of organic growth and

development in other segments.

 

About Cerba HealthCare

Cerba HealthCare, a leading player in medical diagnosis, aims to support the

evolution of health systems towards more prevention. It draws on more than 50

years of expertise in clinical pathology to better assess the risk of diseases

development, detect and diagnose diseases earlier, and optimize the

effectiveness of personalized medicine.

 

Every day, on 5 continents, the Group's 8 500 employees sustain the

transformation of medicine, driven by one deep conviction: to advance diagnosis

is to advance health.

Cerba HealthCare, enlightening health.

 

About PSP Investments

PSP Investments is one of Canada's largest pension investment managers with

approximately $169.8 billion of net assets as of March 31, 2020. It manages a

diversified global portfolio of investments in public financial markets,

private equity, real estate, infrastructure, natural resources and private

debt. Established in 1999, PSP Investments manages net contributions to the

pension funds of the federal Public Service, the Canadian Forces, the Royal

Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP

Investments has its principal business office in Montreal and offices in New

York, London and Hong Kong.

For more information, visit investpsp.com or follow PSP Investments on Twitter

and LinkedIn.

 

About Partners Group

Partners Group is a leading global private markets firm. Since 1996, the firm

has invested over USD 145 billion in private equity, private real estate,

private debt and private infrastructure on behalf of its clients globally.

Partners Group is a committed, responsible investor and aims to create broad

stakeholder impact through its active ownership and development of growing

businesses, attractive real estate and essential infrastructure. With over USD

109 billion in assets under management as of 31 December 2020, Partners Group

serves a broad range of institutional investors, sovereign wealth funds, family

offices and private individuals globally. The firm employs more than 1,500

diverse professionals across 20 offices worldwide and has regional headquarters

in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the

SIX Swiss Exchange since 2006 (symbol: PGHN).

For more information, please visit www.partnersgroup.com or follow us on

LinkedIn [

https://c212.net/c/link/?t=0&l=en&o=3113878-1&h=838767137&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fpartners-group%2F&a=LinkedIn

]  or Twitter [

https://c212.net/c/link/?t=0&l=en&o=3113878-1&h=3089871983&u=https%3A%2F%2Ftwitter.com%2Fpartnersgroup&a=Twitter

] .

 

About EQT

EQT is a purpose-driven global investment organization with more than EUR 84

billion in raised capital and over EUR 52 billion in assets under management

across 17 active funds. EQT funds have portfolio companies in Europe,

Asia-Pacific and North America with total sales of more than EUR 27 billion and

approximately 159,000 employees. EQT works with portfolio companies to achieve

sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com

Follow EQT on LinkedIn, Twitter, YouTube and Instagram

 

Press contacts: Cerba Healthcare, Emmanuelle Saby, +33 6 09 10 76,

emmanuelle.saby@cerbahealthcare.com; PSP Investments, Maria Constantinescu, 1

844 525 3795, media@investpsp.ca; EQT, Brunswick Paris : Benoit Grange, (+ 33 6

14 45 09 26); Hugues Boeton, (+33 6 79 99 27 15), eqtfrance@brunswickgroup.com;

Press contact EQT : press@eqtpartners.com - +46 8 506 55 334; Partners Group,

Jenny Blinch, +44 207 575 2571, jennyblinch@partnersgroup.com

 

 

SOURCE  PSP Investments; Cerba Healthcare

本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。

このプレスリリースには、報道機関向けの情報があります。

プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。

プレスリリース受信に関するご案内

SNSでも最新のプレスリリース情報をいち早く配信中