EQT Mid Market Europe Acquires Majority Stake in Freepik Company

May 28, 2020

The EQT Mid Market Europe fund has agreed to acquire a majority stake in Freepik Company from its founders and management, who will remain minority owners and continue to lead the business. Headquartered in Málaga, Spain, Freepik is a global freemium provider of digital visual content (Freepik, Flaticon, SlidesGo) serving millions of users; EQT will support accelerated growth by investing in the content library, UX and technology (including AI) and helping further penetrate US and Asian markets.

Targets
Freepik Company
Sellers
Freepik founders and management team (including Alejandro and Pablo Blanes and Joaquin Cuenca)
Location
Andalusia, Spain
Transaction Type
Buyout

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