Mérieux Equity Partners raises €200m

The French management company created by Mérieux Développement holds initial close of third vehicle.

Mérieux Equity Partners has held a first closing of Mérieux Participations 3 at €200 million, after launching in July with a target of €300 million. The fund is focused on small to mid-cap healthcare and nutrition companies based in Western Europe and North America. Ticket sizes will range from €20 million to €40 million.

Investors committed to the vehicle include Dassault Holding, Crédit Agricole Centre-Est, Crédit Agricole Assurances and Compagnie Financière La Luxembourgeoise.