Country for PR: United States
Contributor: PR Newswire New York
Wednesday, March 31 2021 - 08:09
AsiaNet
Cerba healthcare to welcome EQT as new shareholder to foster innovation and continue to meet the healthcare challenges
ISSY LES MOULINEAUX, BAAR-ZUG, MONTREAL and PARIS, March 31, 2021 /PRNewswire-AsiaNet/ --

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