De Brauw advises Astorg in connection with the announcement of the successful closing of the Normec Continuation Fund, capitalized by lead investors CVC Secondary Partners, Pantheon, Lexington Partners, and Eurazeo, alongside a diverse group of additional investors, including sovereign wealth funds, pension funds, asset managers, and family offices.

The Continuation Fund was established to acquire Normec, a leading pan-European provider of testing, inspection, certification, and compliance services ("TICC") held in Astorg VII ("Fund VII"). The transaction was oversubscribed and includes commitments from both existing Fund VII and new investors alongside significant equity contributions from the Normec leadership team and the Astorg deal team. The Continuation Fund raised €1.4bn, including substantial additional capital to further support Normec’s organic growth initiatives and acquisitions.