Advised Capza on the sale of its stake in Winback

5.december.2025

Advised Capza on the sale of its stake in Winback

Moncey Avocats advised CAPZA on the sale of its stake in Winback, a French specialist in non‑invasive medical technologies, in connection with the entry of Charterhouse Capital Partners into the group’s share capital.

Since its investment in 2021, CAPZA has supported Winback through key stages of its development, marked by strong international growth and the diversification of its technological solutions in the fields of rehabilitation, sports, and aesthetics.

Founded in 2013 and based in Biarritz, Winback is now a leading global player in TECAR and radiofrequency therapies, cryotherapy, compression systems, and digital solutions, particularly for physiotherapy, sports medicine, and women’s health.

This new transaction, carried out in partnership with Winback’s management team — which is making a significant reinvestment — represents a strategic step for the group, now supported by Charterhouse Capital Partners in its new phase of international growth.

Capza was advised by a Moncey Avocats team composed of:

  • Guillaume Giuliani, partner, Valentin Lefebvre, counsel, and Aloïse Graveraud, associate, on corporate matters.

  • Jonathan Devillard, counsel, Florana Benabid, and Inès Ourabi, associates, on financing matters.

  • Frédéric Bosc, partner, and Loïc Pipaud, associate, on tax matters.

  • Camille Cournot, partner, and Alexandra Fabbro, associate, on employment law matters.