Alantra has closed a €155 million healthcare continuation fund, increasing its stake in Health in Code while Mérieux Equity Partners acquired a 20 percent minority stake in the company. The fund represents a strategic move to consolidate ownership in the healthcare technology firm, which Alantra has owned since 2020.

Health in Code, founded in 2020, provides specialized healthcare solutions that have attracted significant investor interest. The continuation fund structure allows existing investors to extend their investment period while bringing in new capital partners like Mérieux. This transaction demonstrates continued confidence in the healthcare technology sector despite market volatility.

The deal highlights the growing trend of continuation funds in private equity, particularly in the healthcare space where long-term value creation potential remains strong. With Mérieux's strategic investment alongside Alantra's increased ownership, Health in Code is positioned for accelerated growth and market expansion in the competitive healthcare technology landscape.