EQT Mid Market Asia Acquires Majority Stake in Nexon Asia Pacific

EQT (MMG fund) Majority Investment in PropertyMe

December 4, 2025

Cloud & SaaS

EQT’s BPEA Mid-Market Growth Partnership (MMG fund) agreed to invest in PropertyMe, making EQT the majority investor in the Australian and New Zealand cloud-based PropTech platform. The transaction will pair EQT’s software and AI expertise with PropertyMe’s product innovation (including AiMe and MePay) to accelerate growth and geographic expansion while the founders retain a significant minority stake.

EQT to Sell Nexon Asia Pacific to Adamantem Capital

August 13, 2025

IT Services

EQT’s EQT Mid-Market Asia III fund has agreed to sell Nexon Asia Pacific to Adamantem Capital. Nexon is a Sydney-headquartered digital and IT services provider serving mid-market and enterprise customers across Australia, with security, cloud and digital solutions among its offerings.

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 Acronis

August 7, 2024

Cybersecurity

EQT X (part of EQT) will acquire a majority stake in Acronis, the cyber protection and data‑security software platform used by Managed Service Providers and corporate IT departments. Founders, management and existing investors including funds/accounts managed by CVC, Springcoast and BlackRock Private Equity Partners will remain significant minority shareholders; the deal values Acronis above its 2022 growth round and is expected to close in Q1–Q2 2025 pending regulatory approvals.

EQT Invests in MHC Asia Holdings (Healthcare Benefits Administrator)

April 1, 2019

Healthcare Services

EQT Mid Market Asia III Fund has made a strategic investment in MHC Asia Holdings Pte. Ltd., a Singapore-headquartered healthcare benefits administrator serving insurers and corporate clients across Southeast Asia. The investment will support MHC's regional expansion, further development of its technology and analytics capabilities, and growth of its client portfolio.

EQT Mid Market Asia Takes 10% Stake in VBill

February 13, 2019

Financial Services

EQT Mid Market Asia (through its Mid Market Asia III fund) agreed to acquire a 10% primary equity stake in VBill, a Beijing-based third-party payment service provider and merchant acquirer in China. The minority investment will support VBill's continued SME and lower-tier city expansion, development of fintech-enabled consumer lending and potential international growth alongside VBill's founding management and parent Hi Sun Technology.