BPEA EQT Mid‑Market Growth Acquires Majority Stake in Indium Software

EQT to Acquire Indostar Home Finance and Invest INR 5 Billion for Growth

September 19, 2024

Financial Services

EQT, via the BPEA Mid-Market Growth Partnership (MMG fund), has agreed to acquire a 100% stake in Indostar Home Finance for INR 17.5 billion (USD 210 million). EQT also plans to invest an additional INR 5 billion as primary capital to support geographic expansion and digital transformation.

BPEA EQT Mid-Market Growth Acquires Majority Stake in HRBrain

November 27, 2023

Cloud & SaaS

BPEA EQT Mid-Market Growth has agreed to acquire a majority stake in HRBrain, a Tokyo-based HR software provider, from existing shareholders. The founder Hiroki Hori will remain a significant minority shareholder and CEO; the fund will support HRBrain's product development, customer base expansion and further organic and inorganic growth.

Spectrum Equity Leads Growth Investment in Benchmark Mineral Intelligence

November 17, 2023

Data & Analytics

Benchmark Mineral Intelligence has taken its first-ever outside equity investment, led by growth equity firm Spectrum Equity. The capital will support Benchmark's expansion of its lithium-ion battery and EV supply chain pricing, data and advisory products and accelerate its global growth.

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.

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.

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.