Kartesia supports Vidi Capital in the acquisition of Nora Imagerie

Kartesia, the European specialist provider of financing solutions for small and mid-sized companies, is pleased to announce that it has provided an additional financing to its portfolio company, Vidi Capital (or “the Company”). This funding will partially support the acquisition of Nora Imagerie, a leading private imaging centre in Normandy, alongside Vidi Capital and the 33 radiologists of Nora Imagerie.

Vidi Capital is a France-based independent group of private medical imaging centres which was launched by a group of 3000+ radiologists, who collectively raised ca. €45m of equity capital. The Company offers a disruptive and differentiated value proposition for radiologists and patients relying on 3 main pillars: (1) an independent project run for and by radiologists prioritizing a focus on medical expertise and patient care; (2) attractive growth opportunities thanks to the strong relationships between Vidi Capital and the largest network of 70 independent radiology groups (1 100 radiologists in total) in France, Vidi, and (3) a high quality of medical care services coupled with an excellent patient experience.

Aiming to take part in the ongoing consolidation of the French private imaging centres market, Vidi Capital, with the support of Kartesia, already acquired in 2023 two private medical imaging centres alongside their respective local teams of radiologists in Centre-Val de Loire and Pays de la Loire. Kartesia is now pleased to provide follow-on financing to support the Company’s external growth strategy with the acquisition of Nora Imagerie, one of the leading independent radiology groups in Normandy.

Nora Imagerie operates a network of 16 different sites across Normandy, equipped with a state-of-the-art conventional and advanced medical imaging equipment fleet. This ensures the delivery of premium quality medical care services to patients. This latest investment is a further example of Kartesia’s conviction in Vidi Capital’s business model and strong relationships with the management team.

This debt financing is provided by Kartesia Credit Opportunities (“KCO”) vehicles.

Alexis Midol, Associate Director at Kartesia, commented: “We are thrilled to renew our collaboration with Vidi Capital and its management team. We are convinced that the Company will be one of the leading consolidation platforms in the sector thanks to its differentiating societal and medical value proposition. We believe that our new financing solution will give Vidi Capital adequate resources to roll-out its ambitious and well-oriented strategic growth plan”.