General Atlantic will sell its majority stake in laboratory services company Amedes Holding AG to Antin Infrastructure Partners. Financial terms of the deal remain undisclosed.
When word of the sale process first came about in 2013, Hamburg, Germany-based Amedes was said to be valued at $1.1 billion. The company has 3,500 employees, 35 laboratories and 27 medical practices across Germany and Belgium. It has been owned by Greenwich, Connecticut-based General Atlantic since 2007.