BPEA EQT-led Consortium (BPEA Private Equity Fund VIII) and ChrysCapital Acquire 90% of HDFC Credila

BPEA EQT Acquires Majority Stake in Indira IVF

July 28, 2023

Healthcare Services

BPEA EQT (BPEA Private Equity Fund VIII) has agreed to acquire a majority/control stake in Indira IVF, India’s largest network of fertility clinics, from TA Associates and the founding Murdia family. The investor said it will back Indira IVF’s R&D and digital capabilities while expanding the clinic network across India and into adjacent markets as part of a growth and scale strategy.

BPEA EQT Merges Vistra and Tricor to Create $6.5B Global Fund and Corporate Services Platform

July 28, 2023

Professional Services

BPEA Private Equity Fund VIII (BPEA EQT) has completed the merger of Vistra and Tricor, creating a combined fund and corporate services platform valued at an enterprise value of US$6.5 billion and employing over 9,000 professionals across 50+ jurisdictions. The transaction consolidates complementary capabilities (fund administration, corporate secretarial, HR/payroll, trust and fiduciary services) to drive further organic and inorganic growth, with an emphasis on Asia as a core growth region.

EQT Acquires Baring Private Equity Asia

March 16, 2022

Financial Services

EQT AB has agreed to acquire Baring Private Equity Asia (BPEA) in a €6.8bn transaction comprising 191.2m new EQT shares and ~€1.5bn–€1.6bn in cash, creating a scaled Pan-Asian active ownership platform rebranded as BPEA EQT Asia. The combination brings BPEA's private equity and real estate capabilities into EQT's global platform, with BPEA CEO Jean Eric Salata to lead the combined Asian business.

Bain Capital Private Equity and BPEA EQT Invest in CitiusTech

October 20, 2022

Healthcare Services

Bain Capital Private Equity has invested in CitiusTech, joining existing investor BPEA EQT (which acquired a majority stake in 2019). The minority investment will support CitiusTech's continued scaling, product/platform investments, and expansion of its digital healthcare technology and consulting services.

BPEA EQT Sells Remaining Stake in Coforge via $924M Block Trade

August 24, 2023

IT Services

BPEA Private Equity Fund VII (BPEA EQT) has sold its remaining 26.6% stake in Coforge through a USD 924 million block trade, representing a PE exit/realization. Coforge, headquartered in Noida, India, is a digital IT services and technology consulting provider serving financial services, insurance and travel clients and crossed USD 1 billion of revenue under BPEA EQT's ownership.

Baring Private Equity Asia Acquires Tricor Group from Permira

November 2, 2021

Professional Services

Funds affiliated with Baring Private Equity Asia (BPEA) have agreed to acquire Tricor Group from Permira in a transaction that values Tricor at an enterprise value of $2.76 billion. The deal, expected to close in H1 2022 subject to regulatory approvals, gives BPEA a platform to support Tricor’s continued growth across Asia; Tricor serves ~50,000 clients with roughly 2,800 employees across 21 markets.