Clipperton acted as sole financial advisor to Withings in structuring a $60 million growth equity financing round led by healthcare specialist fund Gilde Healthcare, Idinvest Partners and Bpifrance together with co-investors including BNP Paribas Développement, Oddo BHF Private Equity, Adelie Capital.

It is the third transaction advised by Clipperton after an investment in 2012 of $30 million led by BPI France, Idinvest Partners and 360 Capital Partners and a M&A deal in 2018 when Eric Careel chose to acquire Withings back from Nokia Health, having sold the business in 2017.

July 28th, 2020 - Clipperton is proud to announce it acted as exclusive financial advisor to long-term client Withings and its management in structuring a $60M growth equity round aiming to establish the company as a leading trusted third-party between patients and health professionals worldwide. With this fundraising Withings is now backed by a solid base of international investors mixing healthcare specialists with prominent growth equity funds experienced in scaling category leaders.