Motion Equity Partners completed the acquisition of a majority stake in Banook Group.

Motion Equity Partners, a private equity firm, completed the acquisition of a majority stake in Banook Group, a global provider of cardiac safety services. Financial terms were not disclosed. “After a successful transitional phase alongside Turenne Santé, both in terms of ownership and management, which notably included our first acquisition with nabios Gmbh in Germany, we are now ready to deploy our development strategy. The challenge of the upcoming years will be to reinforce our international expansion, with a strategic focus on North America, the world’s leading market. Motion Equity Partners has firmly established itself as the ideal partner to boost this next phase of our ambitious growth,” Alexandre Durand Salmon, Banook Group President.