Swedish investment firm
This article is about the Swedish investment firm. For the American energy company, see
EQT Corporation .
EQT AB is a Swedish global investment organization founded in 1994. Its funds invest inprivate equity (EQT Private Capital Europe & North America),infrastructure (EQT Infrastructure),real estate (EQT Real Estate),growth equity , andventure capital inEurope ,North America , andAsia Pacific . As of 2022[update] assets under management are €210 billion / US$227 billion. It is ranked the third largest private equity firm worldwide based on funds raised according to the 2024 edition ofPrivate Equity International's PEI 300 ranking.
The company was founded in 1994 bySEB ,AEA Investors , andInvestor AB .[ 2] [ 3] [ 4] [ 5]
It establishedventure capital business,EQT Ventures in 2016,[ 6] public in 2019 byIPO .[ 7]
In 2021, EQT acquired Life Sciences Partners, a European venture capital firm with approximately €2.2 billion ofassets under management [ 1] Baring Private Equity Asia managing funds ofS$ 20.0 billion.[ 8]
In March 2023, EQT acquired the entire stake held bySK Square and the Macquarie Asset Management Consortium for about KRW 2 trillion, becoming the largest shareholder of SK Shields with a 68% stake.[ 9]
In February 2025, EQT appointedPer Franzén as its incoming chief executive, as of May 2025.[ 10]
[ edit ] EQT is owned by theWallenberg family andInvestor AB .[citation needed
Its funds invest inprivate equity , infrastructure, real estate,growth equity , andventure capital inEurope ,North America ,Asia Pacific ,[ 11]
As of March 2025[update] Amsterdam ,Berlin ,Copenhagen ,Helsinki ,Hong Kong ,London ,Luxembourg ,Madrid ,Milan ,Mumbai ,Munich ,New York City ,Oslo ,Paris ,San Francisco ,Seoul ,Shanghai ,Singapore ,Stockholm ,Sydney ,Tokyo , andZurich .[ 12]
As of March 2025[update] [ 13]
EQT Infrastructure[ 14] EQT Private Capital Europe & North America[ 15] EQT Real Estate[ 13] EQT Private Wealth[ 13] It has two subsidiaries:EQT Ventures [ 6] Baring Private Equity Asia .[ 8]
As of 2022[update] CEO .[ 16]
As of 2022[update] assets under management are €210 billion / US$227 billion.[ 17] Private Equity International's PEI 300 ranking.[ 18]
2017, Medical device company Clinical Innovations from thePritzker Group for US$250 million[ 19] 2019,SUSE for US$2.5 billion[ 20] [ 21] 2019,Zayo Group Holding Inc from Digital Colony Partners for US$14.3 billion[ 22] 2019, Part of a consortium withADIA to acquireNestlé Skin Health[ 23] 2019,Acumatica [ 24] 2019, Germanfiber-optic network provider Inexio for $1.1 billion[ 25] 2020, Spanishreal estate website Idealista for €1.3 billion[ 26] 2020, Datacenter Provider Edge Connex was bought for $2.7 billion[ 27] 2021, Announced plans to acquiresolar andstorage developer Cypress Creek Renewables[ 28] 2021, purchasedFirst Student andFirst Transit fromFirstGroup [ 29] 2022, Australian retirement living portfolio fromStockland , renamed as Levande, for near $1b AUD[ 30] David Gonski appointed chair[ 31] In March 2022, EQT acquired EQT with 5.3 billion euros worth of new EQT shares and 1.5 billion euros in cash paid to Bearing PEA. This gave it the rights of operators to manage the fund and the right to hold performance pay for existing funds.[ 32] 2023, Announced plans to acquire Zeus Company, a global leader in advanced polymer components used in life-saving medical procedures for $3.4 billion.[ 33] 2024, Acquired digital consultancy firmPerficient for $1 billion all cash deal. The acquisition was completed in October 2024.[ 34] 2024, private equity consortium led byNeuberger Berman that includes EQT AB andCanada Pension Plan Investment Board agreed to buy international private school operatorNord Anglia Education for $14.5 billion.[ 35] 2024, 100% of the shares of OX2, a Stockholm based renewable energy development company[ 36] 2024, Acquired Indostar Home Finance which is an Indian affordable housing finance company, for $210 million and gave commitments of $59 million to support in future.[ 37] In January 2025, EQT signed a deal to acquire a best-in-class logistics collective strategically located in major Milan and Verona submarkets in northern Italy for approximately 230 million euros.[ 38] On March 19, 2025, EQT announced a deal to acquireCrown Castle 's small cells business for $4.25 billion.[ 39] In March 2025, EQTAB acquired the consortium'sNord Anglia Education , valued at $14.5 billion.[ 40] ^a b c "EQT AB (publ) Year-end Report 2021" .EQT . 19 January 2022.Archived from the original on 29 September 2022. Retrieved15 October 2022 .^ "SEB Asset Management (Real Estate - Homepage)" .IPE Reference Hub . 2 February 2015.Archived from the original on 24 February 2015. Retrieved23 February 2015 .^ Nicholson, Chris V. (11 April 2011)."EQT Nurtures Companies It Buys, Defying Vulture Label" The New York Times Archived from the original on 12 April 2011. ^ Espinoza, Javier (7 March 2019)."EQT Co-Founder Leaves to Set Up Socially Responsible Fund" Financial Times . Nikkei.Archived from the original on 21 September 2019. Retrieved12 September 2019 . ^ "Conni Jonsson" .EQT .Archived from the original on 30 September 2022. Retrieved15 October 2022 .^a b Ewing, Adam (26 May 2016)."Buyout Fund EQT Starts $632 Million Venture Arm Targeting Europe" .Bloomberg News the original . Retrieved3 March 2017 . ^ "Inside private equity's race to go public" .Financial Times . Retrieved24 May 2022 .^a b "EQT Buys Baring Asia Unit in $7.5 Billion Private-Equity Merger" .www.wsj.com . Wall Street Journal.Archived from the original on 16 March 2022. Retrieved4 November 2021 .^ "SK스퀘어·EQT, SK쉴더스 공동경영 선언 "SK쉴더스 글로벌 토털 보안 기업만든다" .n.news.naver.com (in Korean). Retrieved6 January 2025 .^ Buyout firm EQT names Per Franzén chief executive Financial Times . (Subscription only)^ "EQT Overview" .PitchBook Data . 8 November 2021.Archived from the original on 8 November 2021. Retrieved8 November 2021 .^ "Offices" .EQT Group . 25 March 2025.Archived from the original on 10 March 2025. Retrieved25 March 2025 .^a b c "About EQT" .EQT Group . 25 March 2025. Retrieved25 March 2025 .^ "EQT Infrastructure" .EQT Group . 25 March 2025. Retrieved25 March 2025 .^ "Private Capital Europe & North America" .EQT Group . 25 March 2025. Retrieved25 March 2025 .^ "Christian Sinding" .EQT .Archived from the original on 30 September 2022. Retrieved15 October 2022 .^ "EQT AB (Publ) Year-end Report 2022" . 18 January 2023.^ "PEI 300 | The Largest Private Equity Firms in the World" .Private Equity International . 3 June 2024. Retrieved4 June 2024 .^ Jonathan D. Rockoff,"Private-Equity Group EQT to Buy Medical Device Company for $250 Million," Archived 16 September 2018 at theWayback Machine The Wall Street Journal ^ "EQT fund to acquire SUSE for $2.5bn" .Financier Worldwide .Archived from the original on 6 December 2021. Retrieved6 December 2021 .^ Ian Murphy (18 March 2019)."EQT completes aquisition [sic] of SUSE from Micro Focus" .www.enterprisetimes.co.uk .Archived from the original on 6 August 2020. Retrieved2 May 2020 . ^ "Digital Colony, EQT to buy communications infrastructure firm Zayo for $8.2 billion in cash" .CNBC Archived from the original on 15 October 2022. Retrieved10 November 2021 .^ "Nestlé enters into exclusive negotiations to sell Nestlé Skin Health to a consortium led by EQT and ADIA" .Archived from the original on 2 October 2019. Retrieved2 October 2019 .^ "IFS and Acumatica to form global cloud ERP powerhouse under EQT ownership" .Acumatica Cloud ERP .Archived from the original on 15 October 2022. Retrieved18 December 2019 .^ "EQT buys German fibre optic firm Inexio; source values deal around $1.1 billion" .www.reuters.com . 28 September 2019.Archived from the original on 10 November 2021. Retrieved10 November 2021 .^ "EQT buys Spain's Idealista from Apax for €1.3bn" .Archived from the original on 10 November 2021. Retrieved10 November 2021 .^ Zhang, Mary (19 August 2021)."EQT Infrastructure Doubles Down on EdgeConneX with Fund V" .Dgtl Infra . ^ "EQT acquires solar and storage developer Cypress Creek Renewables" .www.pv-tech.org . 5 July 2021.Archived from the original on 27 July 2021. Retrieved27 July 2021 .^ "EQT Infrastructure Closes Acquisition of First Student and First Transit" .First Student . Retrieved6 June 2022 .^ McKeown, Sean (2 August 2022)."Levande launches following completion of Stockland Retirement Living acquisition" .Inside Ageing . Retrieved25 March 2025 . ^ "Gonski chairs EQT's former Stockland retirement portfolio" . August 2022. Archived fromthe original on 1 August 2022.^ 기자, 강구귀."[fn마켓워치]EQT AB, 베어링PEA 인수" .n.news.naver.com (in Korean). Retrieved6 January 2025 . ^ "EQT Nears $3 Billion-Plus Deal for Medical Device Firm Zeus" .Bloomberg.com . 18 December 2023. Retrieved18 December 2023 .^ "EQT Completes Acquisition of Perficient" .www.perficient.com . 2 October 2024. Retrieved12 October 2024 .^ Chopping, Dominic (21 October 2024)."Neuberger Berman Forms Consortium With EQT to Buy Nord Anglia Education in $14.5 Billion Deal" .The Wall Street Journal . ^ "EQT to successfully acquire OX2" .Company Website . 8 October 2024.^ "Sweden's EQT exceeds investment targets in India, doubles down on healthcare" . 5 December 2024.^ "EQT Real Estate acquires 12-building logistics assemblage located in key Northern Italian submarkets" .eqtgroup.com . 27 January 2025. Retrieved24 February 2025 .^ "Crown Castle to sell fiber assets to EQT Active Core and Zayo in $8.5 billion deal" .Reuters . 13 March 2025. Retrieved19 March 2025 .^ "EQT Consortium Completes Acquisition of Nord Anglia Education" .eqtgroup.com . 20 March 2025. Retrieved27 March 2025 .
Investment types History Terms and
Investors Related
Methodology:AUM over US$70 billion
Americas Europe Asia Pacific
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€1.6 billion(2021) (company)[1]
