Charme Capital Partners agrees to reinvest in Igenomix along with EQT
Charme Capital Partners (“Charme”), the pan-European mid-market private equity firm, has announced today that Charme III, its €650m buyout fund, has reached an agreement to invest in a minority stake in Igenomix along with EQT, the global investment firm founded by the Wallenberg family in the 90’s with more than 50 billion of commitments raised since inception.
Charme reached an agreement to sell its stake in Igenomix to EQT in March 2019 and will continue to support the development of the company in this next phase of growth through an active collaboration with EQT. Charme will leverage its knowledge of the sector, the company and its operations to support EQT in further expanding the company internationally.
This new investment in Igenomix, demonstrates Charme’s flexibility in its investment approach as well as the will to become long term partners of companies, founders and management teams.