EQT Infrastructure Forms Nordic Ferry Infrastructure by Combining Molslinjen and Torghatten

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 V (via HATI BidCo AS) launches offer to acquire Torghatten ASA

December 23, 2020

Transportation

EQT Infrastructure V, through its offer vehicle HATI BidCo AS, launched a voluntary cash offer to acquire all outstanding shares in Torghatten ASA (excluding the airline segment). The offer is NOK 175 in cash per share plus a planned distribution of Flyco (Widerøe) shares valued at NOK 17 per Torghatten share (total implied value NOK 192 per share); Torghatten’s board has unanimously recommended acceptance and the transaction values Torghatten equity at approximately NOK 8,580 million.

EQT Infrastructure to merge IP-Only and GlobalConnect

November 21, 2019

Telecommunications

EQT Infrastructure announced plans to combine its portfolio companies IP-Only and GlobalConnect to create a leading Northern European fiber-based datacom and cloud-enabling infrastructure provider. The merger creates scale across Sweden, Denmark, Norway and Northern Germany — combining roughly 58,000 km of fiber, ~18,000 sqm of data center capacity, more than 1,500 employees and combined 2018 revenues of ~EUR 520 million to accelerate network rollout, innovation and cross-border services for B2B, B2C and public customers.

EQT Infrastructure Acquires IP-Only

June 11, 2019

Telecommunications

The EQT Infrastructure IV fund has agreed to acquire IP-Only from EQT Mid Market and EQT Mid Market Europe funds for an enterprise value of SEK 18,250 million plus an earn-out of up to SEK 1,000 million. IP-Only owns and operates ~16,000 km of fiber network across Sweden and provides wholesale fiber access, enterprise connectivity and co-location data center services; the transaction is expected to close in June 2019.

EQT Infrastructure and Stonepeak Acquire DELTA Fiber

October 4, 2021

Telecommunications

EQT Infrastructure V and Stonepeak have agreed to acquire DELTA Fiber from EQT Infrastructure III, with each buyer taking a 50% stake and co-controlling the company. Headquartered in Schiedam, Netherlands, DELTA Fiber operates an approximately 50,000 km FTTH network connecting about 900,000 households and businesses (approximately 600 employees) and will be supported by the new owners to accelerate rollout to two million connections by 2025.

EQT Acquires Recover Nordic

December 10, 2019

Industrial Services

EQT (via its EQT VIII fund) has entered into an agreement to acquire Recover Nordic from funds advised by Agilitas Private Equity. Recover Nordic is a Nordic market leader in property remediation and environmental services, headquartered in Oslo with over 90 branches and more than 2,100 employees; EQT said it will support the company’s digitalization, professionalization and continued M&A-led growth.