GERMITEC acquired by EURAZEO, TURENNE CAPITAL & KURMA PARTNERS
Context
Germitec raised EUR29 million in a Series B round led by Eurazeo to accelerate its commercial expansion in the United States. The company recently achieved a major regulatory milestone by obtaining FDA "De Novo" clearance in September 2024. The funds will be used to scale the US team and compete against chemical-based incumbents. Historical investors, including Kurma Partners (a Eurazeo subsidiary), Financiere Arbevel, and Turenne Capital, participated in the round. The financial investors now hold the majority of the capital.
GERMITEC, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).
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Target
Germitec is a French MedTech company revolutionizing infection control in hospitals with its proprietary High-Level Disinfection (HLD) technology for ultrasound probes. Unlike traditional chemical methods (soaking or wipes) used by competitors like Nanosonics, Germitec's flagship system, Chronos®, utilizes UV-C photon technology to disinfect probes in just 90 seconds. This automated, chemical-free solution significantly improves clinical workflow efficiency while eliminating toxic risks for medical staff and patients.
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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 03/2025 | ZYDUS | AMPLITUDE SURGICAL | FRANCE | Implants & Prosthetics |
| 03/2025 | NUTRISENS | PRODIET | BRAZIL | Nutrition & Dietary Supplements |
| 02/2025 | NOVONESIS | FEED ENZYME ALLIANCE | DENMARK | Animal Health |
| 01/2025 | QUADRIVIO GROUP | MIR - MEDICAL INTERNATIONAL RESEARCH | ITALY | Diagnostic Equipment |
| 12/2024 | NEXTSTAGE / IK PARTNERS | EUROBIO SCIENTIFIC | FRANCE | Diagnostic Equipment |
| 12/2024 | GOLDMAN SACHS | Synthon International | NETHERLANDS | Generics / Labs |
| 12/2024 | UI INVESTISSEMENT | DIDACTIC | FRANCE | Medical Consumables |
| 11/2024 | NAXICAP PARTNERS | GLOBAL D | FRANCE | Implants & Prosthetics |
| 10/2024 | CLAYTON, DUBILIER & RICE (CD&R) | OPELLA | FRANCE | Generics / Labs |
| 10/2024 | BANSK GROUP | PETIQ | UNITED STATES | Animal Health |
REFERENCES
Revenue range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: eurazeo / kurma partners / turenne capital