EQT and McKinsey study: between 2014 and 2025, European tech companies with a current combined value of ~€1.2T listed abroad or were acquired by foreign buyers
European technology companies with a combined value of €1.2 trillion ($1.4 trillion) have debuted on overseas exchanges …
Sources: PE firm EQT is exploring a sale of Linux distribution vendor SUSE in a deal that could value it at up to $6B; SUSE was valued at ~$2.96B in 2023
France blocks Eutelsat's ~€550M sale of its ground antenna business to EQT, calling it Europe's only Starlink competitor; France has a 29.6% stake in Eutelsat
Satellite operator says €550mn sale of ground-antenna business to private equity firm is off
Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake
Atharva Singh / Reuters :
EQT and CPP Investments acquire Neogov, a maker of HR and compliance software for North American public sector agencies, for $3B from Warburg Pincus and Carlyle
This marks a new chapter in our mission to serve the people who serve the people. …
EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech
EQT AB agreed to sell Pioneer Corp. for $1.1 billion, marking the biggest exit in Japan for the Swedish buyout firm that sees Japan …
Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt
Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report.
Private equity firm EQT sells a €3B stake in Swedish enterprise software company IFS to investors like the Abu Dhabi Investment Authority, valuing IFS at €15B
Ivan Levingston / Financial Times :
EQT agrees to buy PropertyGuru, which runs real estate rental and sale listing sites in SE Asia, for $1.1B in cash; the deal is expected to close by early 2025
Will Davies / Bloomberg :
Sweden's EQT plans to buy a majority stake in Swiss cybersecurity and data protection company Acronis, sources say valuing Acronis at $4B, up from $3.5B in 2022
Sweden's EQT (EQTAB.ST) said on Wednesday it will acquire a majority stake in Swiss cybersecurity and data protection company Acronis.