Krogerus advises G Square on its acquisition of a majority stake in Serres

Krogerus advised G Square, a leading European healthcare private equity investor focusing on mid-market companies with high growth potential, on its acquisition of a majority stake in Serres, a global forerunner in sustainable surgical fluid management solutions, to accelerate its global expansion and sustainability leadership. Paree Group, the long-standing family owner, will retain a significant stake and continue as a strategic partner in Serres’ next phase of development.

G Square and Paree Group aim to develop Serres into a leading international MedTech platform through investment in new products, commercial capabilities, as well as targeted acquisitions to strengthen its market reach. The transaction positions Serres to build on its leading position in Europe, accelerate its growth in the United States, and expand its footprint globally. The transaction is expected to close in the first quarter of 2026.

The Krogerus team was led by Partner Sami Martola and he was primarily assisted by Senior Associates Janna Pihanurmi, Santeri Jääskeläinen and Niclas Ruotsalainen and Associates Oona-Maria Kultti and Ada Hård af Segerstad. Partner Simo Autio advised on regulatory matters and he was assisted by Senior Associate Essi Miettinen. Partner Pessi Honkasalo advised on technology matters and he was assisted by Senior Associate Ada Klaile and Associates Sari Oravainen and Sini Stubb. Counsel Lauri Saari advised on financing matters and he was assisted by Associate Silja Piippo.