EQT Future to Acquire Majority Stake in DESOTEC (Blackstone Retains Minority)

Blackstone Acquires DESOTEC; EQT Mid Market Europe Takes 15% Stake

March 18, 2021

Environmental Services

Private equity funds managed by Blackstone agreed to acquire Belgium-based DESOTEC from the EQT VII fund, with EQT Mid Market Europe exercising a co‑investment option to acquire a 15% minority stake and board representation. The transaction, which closed May 31, 2021, positions DESOTEC to continue its pan‑European growth in mobile, circular filtration services.

One Equity Partners Acquires Majority Stake in DESMI

February 22, 2022

Industrial Services

DESMI, a Danish manufacturer of pumps and environmental cleaning equipment, has signed a definitive agreement to sell a majority share to One Equity Partners (OEP). The deal terms were not disclosed and is expected to close in the second half of 2022, subject to regulatory approvals and customary closing conditions.

EQT Future and ATHOS Lead Minority Investment in SHL Medical

December 9, 2022

Medical Devices

EQT Future, ATHOS and other co-investors have acquired a minority stake in SHL Medical from EQT's Equity fund VIII, with founder Roger Samuelsson remaining the majority shareholder. The consortium will support SHL Medical's next growth phase — expanding production into the United States and Europe, launching new product platforms, and advancing sustainability and circularity initiatives.

Equistone Acquires Majority Stake in SF-Filter AG

September 29, 2022

Industrial Services

Funds advised by Equistone Partners Europe have acquired a majority stake in SF-Filter AG, a Swiss-based independent distributor of mobile and industrial filters. The company was sold by existing investor Ambienta, management retains a significant stake via an MBO, and Equistone will pursue accelerated organic growth and a targeted buy-&-build strategy to expand SF-Filter's European footprint and e-commerce capabilities.

EQT Infrastructure Acquires Majority Stake in Heritage Environmental Services

December 11, 2023

Environmental Services

EQT Infrastructure VI has agreed to acquire a majority position in Heritage Environmental Services (HES) from The Heritage Group. HES, headquartered in Indianapolis, Indiana, operates 37 regulated facilities in the U.S., employs roughly 1,600 people, and provides industrial and hazardous waste management, on‑site support, emergency response and sustainability services to more than 1,800 customers; EQT says it will support HES's growth, digitalization and operational improvements.

EQT Private Equity Acquires Majority Stake in AMCS

August 14, 2024

Cloud & SaaS

EQT Private Equity, through EQT X and EQT Future, will acquire a majority stake in AMCS, a cloud-based and AI-enabled performance and sustainability software provider for resource-intensive industries. Existing majority investor Insight Partners and other investors including Clearlake Capital, Highland Europe, and the Ireland Strategic Investment Fund are expected to retain minority stakes.