EQT Acquires Recover Nordic

EQT Acquires Majority Stake in Ellab from IK Investment Partners

August 7, 2019

Medical Devices

EQT Mid Market Europe has agreed to acquire a majority interest in Ellab A/S from the IK VIII Fund (advised by IK Investment Partners). EQT will partner with Ellab's management, which will retain a minority stake, to accelerate global growth by expanding R&D, enhancing the go-to-market model in the US and Europe, and growing the company's as-a-service offerings.

EQT (via Otello BidCo AB) Acquires OX2 AB

October 8, 2024

Energy

EQT Infrastructure VI, through acquisition vehicle Otello BidCo AB, completed a recommended public offer to acquire 100% of OX2 AB at SEK 60 per share and now controls 98.81% of the company; OX2 has applied for delisting from Nasdaq Stockholm. EQT says it will support OX2's evolution from a pure developer to an integrated renewables developer and asset owner and provide additional investment to grow the company's pipeline across onshore/offshore wind, solar and storage.

EQT Infrastructure Acquires Molslinjen A/S

December 10, 2020

Transportation

EQT Infrastructure has entered into a definitive agreement to acquire Molslinjen A/S, Denmark's largest passenger ferry operator, from a group of shareholders led by Polaris. EQT intends to support Molslinjen's decarbonization and electrification agenda, invest in fleet and service improvements, and pursue further organic and inorganic growth; the deal was expected to close in early 2021.

EQT Infrastructure to Acquire Majority Stake in Trescal from OMERS

November 28, 2022

Industrial Services

EQT Infrastructure V has entered exclusive negotiations to acquire a majority stake in Trescal, the Paris-headquartered global leader in calibration laboratories, from OMERS Private Equity, which will remain a minority investor. Trescal operates more than 380 laboratories across 29 countries with ~4,400 employees and ~€450m in annual revenue; EQT will support the company's geographic expansion, digitization and capability development.

Ryan Acquires Qvalia's VAT Compliance and Recovery Business (Nordics)

December 2, 2021

Accounting & Tax

Ryan, a global tax services and software provider, has acquired Qvalia's VAT compliance and recovery business, expanding its VAT capabilities and footprint across the Nordic region. The deal adds 32 VAT professionals and four country leaders to Ryan's European team while Qvalia retains its finance process automation platform and fintech business.

EQT AB Acquires Exeter Property Group to Create EQT Exeter

January 26, 2021

Real Estate

EQT AB completed the $1.87 billion combination with Exeter Property Group, acquiring Exeter's management company and carried interest stakes and combining the businesses under the EQT Exeter brand. Consideration comprised approximately $800 million in newly issued EQT AB shares and $1,070 million in cash (including refinancing of existing Exeter debt); Exeter management received a mix of shares and cash and will join EQT leadership. The deal expands EQT's real estate capabilities and geographic footprint across North America and Europe.