# Turenne Capital acquires majority stake in Cousin Medical Group

Turenne Capital invested EUR 10.8 million to become the majority shareholder of Cousin Medical Group, a French medical textile implant manufacturer, via its Capital Santé 2 fund and Nord Capital Investissement, with Altur Investissement also participating. The deal involved a leveraged buyout with senior debt from Crédit Agricole Nord de France, and the founders exited while management and Dalle & Associés reinvested as minority holders.

- Type: Acquisition
- Announced: 2019-04-25
- Where: France
- Value: $12.1M (10.8M EUR)
- Status: completed
- Products: medical implants based on technical textiles
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Turenne Capital](https://endata.com/companies/39019.md) (acquirer)
- [Cousin Medical Group](https://endata.com/companies/39020.md) (target)
- [Dalle & Associés](https://endata.com/companies/39021.md) (partner)
- [Nord Capital Investissement](https://endata.com/companies/39022.md) (investor)
- [Altur Investissement](https://endata.com/companies/39023.md) (investor)

## Sources

- [capitalfinance.lesechos.fr](https://capitalfinance.lesechos.fr/deals/lbo/turenne-capital-sadjuge-le-controle-de-cousin-medical-1013952), 2019-04-25: "Le financier injecte 10,8 M€ au travers son fonds Capital Santé 2"
- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/article/cousin-biotech-passe-aux-mains-de-turenne-capital-200363), 2019-04-25: "Ce dernier a investi 10,8 millions d’euros, devenant ainsi actionnaire majoritaire de l’industriel nordiste"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.