EQT IX Acquires Majority Stake in thinkproject

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.

EQT Acquires Majority Stake in CluePoints

June 12, 2024

AI & Machine Learning

EQT (via its Healthcare Growth strategy and the EQT Growth Fund) has agreed to acquire a majority stake in CluePoints, a Belgium-headquartered provider of AI-powered RBQM and clinical trial data analytics software. Existing investors Summit Partners and Clinimetrics SA (and management) will reinvest; the deal is intended to support CluePoints' continued product development, global expansion and entry into adjacent markets and is expected to close in Q3 2024.

Thoma Bravo Acquires EQS Group AG

November 16, 2023

Cloud & SaaS

Thoma Bravo, via Pineapple German Bidco GmbH, completed a public takeover offer to acquire EQS Group AG for EUR 40.00 per share, valuing the company at approximately EUR 400 million and leading to an expected delisting. The investment will provide EQS with funding for product innovation, capability expansion in compliance/ESG software and capital for potential add-on M&A as Thoma Bravo builds the business as a pan‑European compliance and ESG software platform.

EQT IX Acquires idealista from Apax Partners for €1.3 Billion

September 10, 2020

Media & Entertainment

EQT IX (advised by EQT Partners) has agreed to acquire a majority stake in idealista, the leading online real estate classifieds platform in Spain, Italy and Portugal, from funds advised by Apax Partners for €1.3 billion. idealista, headquartered in Madrid, will continue to be led by founder and CEO Jesús Encinar, with management reinvesting; EQT plans to support product and service capability expansion and further market penetration across Southern Europe.

EQT Funds Acquire IFS with TA Associates as Minority Partner

July 14, 2020

Software

EQT (through its EQT VIII and EQT IX funds) has agreed to acquire IFS AB from the EQT VII fund for a consideration in excess of EUR 3 billion, with TA Associates joining as a significant minority partner. EQT and TA Associates will back IFS' management to continue investing in product capabilities and pursue growth both organically and via add-on acquisitions.

EQT Acquires Acumatica

June 19, 2019

Cloud & SaaS

EQT VII has agreed to acquire Acumatica, a Bellevue-based cloud-native ERP software vendor, from the company's founders, management and other minority investors; financial terms were not disclosed. Acumatica will remain an independent, channel-focused SaaS business led by CEO Jon Roskill and will operate as a sister company to EQT's existing ERP portfolio company IFS to pursue cross‑pollination of R&D, go-to-market synergies and accelerated growth in the SMB ERP market.