Eight Advisory supports Motion Equity Partners in the acquisition of a stake in Banook Group
Eight Advisory assists Motion Equity Partners in its acquisition of a majority stake in Banook Group. Motion Equity Partners is now affiliated with Turenne Santé and its management team, which reinvested significantly in this transaction.
Founded in Nancy in 1999, Banook Group is a major player in cardiac data centralisation, serving pharmaceutical laboratories and CROs (Contract Research Organisations) for more than two decades. Backed by a network of renowned professionals and proprietary technology, Banook has gained international reach and now has offices in Canada, Germany and the United States.
The goal of this strategic partnership between Motion Equity Partners and Banook is to accelerate the group’s international development, with a focus on the US market where a number of opportunities have emerged.
Boris Bignon, Partner at Eight Advisory, added: “We are proud to have supported Motion Equity Partners in this strategic transaction and look forward to seeing Banook continue to grow, strengthen its leadership position and continue to innovate.
Eight Advisory’s participants in this transaction:
- Financial Due Diligence: Boris Bignon, Partner and Grégoire Cheret, Manager
