Edmond de Rothschild Investment Partners
Edmond de Rothschild Investment Partners’ Portfolio Company EOS imaging Raises close to EUR40 million in 4 times Oversubscribed IPO
Edmond de Rothschild Investment Partners / Key word(s): IPO Edmond de Rothschild Investment Partners' Portfolio Company EOS imaging Raises close to EUR40 million in 4 times Oversubscribed IPO Paris, France- 15 February 2012- Edmond de Rothschild Investment Partners announces that its portfolio company EOS imaging, which has developed the world's first 2D/3D imaging system dedicated to orthopaedic applications, has raised EUR38 million in a 4 times oversubscribed public offering of shares on the NYSE Euronext. Based on the IPO pricing, the company is valued at more than EUR120 million. The success of this IPO is an acknowledgment of EOS imaging's outstanding technology and its large market potential. The funds will be used to support the commercial expansion of the company. Raphael Wisniewski, Edmond de Rothschild Investment Partners' representative on EOS imaging board comments: 'We are proud to have backed the team led by its CEO Marie Meynadier alongside high quality investors. We are pleased to see the strong support of the European public markets for this innovative medical technology company. This is another very positive signal for European startups overall.' Edmond de Rothschild Investment Partners has been the lead investor and the company's largest shareholder since 2005. This IPO is the 2nd listing on a major public market for a company of its BioDiscovery 2 fund managed by Edmond de Rothschild Investment Partners. The BioDiscovery funds have now completed 8 trade sales and 9 IPOs, reflecting the excellent performance of this family of funds.
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156949 15.02.2012 |