intelligent

the Orange Group has decided to invest in the

Digital Health 2 ( DH2 ) fund of LBO France – a major player in the private equity sector in France .

The DH2 fund plans to invest € 200 million in e-health SMEs , such as QuantifiCare , Tribvn Healthcare , FeetMe and Meditect , dedicated to B2B in the growth phase in France and Western Europe .

Convinced of the potential of the e-health market , undergoing transformation thanks to the benefits of digital technology , Orange is providing additional resources to DH2 with a view to develop innovative e-health companies in France and Europe .

This initiative will have a positive impact both for the companies selected by the DH2 fund management team and for the entire e-health ecosystem .

It ’ s a boost for Enovacom , the health division of Orange Business Services , to achieve its ambition to become one of France ’ s leading digital health companies .

“ We are very pleased with the confidence that Orange has placed in us . The presence of a global operator , integrator of digital services and a pioneer in e-health within the DH2 fund is a definite advantage for the portfolio companies . Enovacom will also inevitably

THE PRESENCE OF A GLOBAL OPERATOR , INTEGRATOR OF DIGITAL SERVICES AND A PIONEER IN E-HEALTH WITHIN THE DH2 FUND IS A DEFINITE ADVANTAGE FOR THE PORTFOLIO COMPANIES .

promote the co-construction and growth of innovative companies capable of becoming world champions of e-health ,” said Valéry Huot , Partner , Head of Venture at LBO France .

Laurent Frigara , Deputy CEO of Enovacom ( Orange Business Services ), added : “ The adventure continues with DH2 ( LBO France ), a fund in which , together with the operational team , we have found a real understanding of our common challenges when it comes to e-health .

“ We are convinced that DH2 ’ s management team will be able to identify and support the hidden gems of the e-health industry to make companies both currently in the portfolio and those of tomorrow major players in e-health . This investment in DH2 will enable Enovacom to strengthen the ecosystem , accelerate synergies and build alliances to address e-health issues .” �