Paris, May 14, 2025 – Corinthia Global Management, a leading private credit platform, today announced its role as lead lender in supporting Latour Capital’s refinancing of Hygie31, the leading provider of services to the health and wellness ecosystem of pharmacies, optic centres, and medical equipment stores in France. This refinancing, which closed on Monday, marks a significant milestone in Hygie31’s continued expansion and reinforces its position as a key player in the French and European healthcare sector, notably through the increase of available financing to fund growth.
Corinthia’s exposure will be held across several Corinthia-managed vehicles and is part of a broader financing package that will support Hygie31’s ongoing growth.
This latest deal aligns with Corinthia’s strategy to focus on opportunities in the core-middle market (companies with EBITDAs between $10-100mn). This is an area in which the team has built deep relationships, based on trust and reliability, with the private equity community over many years.
Alice Foucault, Managing Director, European Investments at Corinthia Global Management, said: “We are delighted to partner once again with the outstanding management team at Hygie31 with the support of Latour Capital. Our long-standing relationship, built on trust and deliverability over the years, has enabled us to support the company to great success. This new financing will contribute to help Hygie31 pursue its mission of making healthcare accessible to as many people as possible and to consolidate its role as a European leader in the sector.”
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Notes to editors
For further information, please contact:
Tavistock
James Verstringhe / Henry Adefope
Tel: +44 (0) 7916 348 011
[email protected]
About Corinthia Global Management Limited
Corinthia Global Management Limited is a leading, technology-enabled private credit platform operating across Europe, America, and Asia Pacific regions to originate and manage global private credit investment opportunities for its investment partners worldwide. The platform delivers scale and a world class team to drive market leading returns in the growing subsector of core mid-market private credit. For further information about Corinthia Global Management Limited, visit www.corinthiagm.com.
About Latour Capital
Latour Capital is an independent French asset management company with an entrepreneurial culture and extensive operational experience. With €4bn under management and a team of thirty professionals, Latour is positioned as an active investor, working closely with the management of its portfolio companies.
Focusing on companies with strong growth potential in France and abroad, Latour Capital benefits from the strategic vision of its two active founding partners, Cédric Bannel and Philippe Léoni, who have brought together a team of Partners with solid operational experience. Latour Capital thus highlights the specialised expertise of its team, with 50% of its partnership now made up of former managers, contributing to the development and growth of its portfolio companies.
For more information: http://www.latour-capital.com
About Hygie31
With a network combining sales of €3.3 billion and spanning over 1,500 pharmacies in France and Spain as of 2024, Hygie31 is a major player in the healthcare sector, offering a comprehensive suite of services and brands to its affiliates. The group’s mission is to make healthcare accessible and to reinforce the role of pharmacies as primary healthcare providers in Europe.