Naxicap Partners completed the acquisition of a majority stake in Lagarrigue from Ardian.

Private equity firm Naxicap Partners completed the acquisition of a majority stake in Lagarrigue, a Toulouse headquartered, global specialist in external orthopedic devices, from Ardian, a private investment house. Financial terms were not disclosed. "We were proud to work alongside the Lagarrigue team. They have once again demonstrated all qualities necessary to innovate and grow their company to give it the place it deserves in its market. Lagarrigue's growth potential is still significant and the group's unique position as well as resilience provides it with a decisive advantage in the coming years, particularly with the ongoing market consolidation," Marie Arnaud-Battandier, Ardian Managing Director.