Triton Partners is exiting Scandinavian healthcare provider Aleris Group after a seven-year holding period, selling the business to Mehiläinen Group in a strategic deal. Aleris operates more than 100 clinics across Sweden, Norway, and Denmark, delivering specialist patient care across the Nordics. The sale marks a clean exit for Triton and adds to the broader wave of PE disposals in European healthcare.

Mehiläinen Group is acquiring Aleris Group, which has grown its clinic network during Triton's ownership. Meanwhile, McWin Capital Partners took a different tack by listing Rex Concepts, a central and eastern European quick-service restaurant platform, on the Warsaw Stock Exchange. That listing represents a rare European PE-backed IPO, giving McWin a public market exit route for one of its portfolio companies.

Both moves illustrate active capital rotation in European private markets. Triton cashing out of Aleris frees capital for new investments while Mehiläinen consolidates its healthcare footprint. McWin's Warsaw listing signals growing appetite for PE-linked IPOs in CEE markets.