EQT to Acquire Stockbridge

EQT agreed to acquire 100% of Stockbridge’s management company and the general partner entities controlling interests in its funds, for $375 million in cash at closing plus up to $175 million in earnouts. The transaction is expected to close in the first quarter of 2027, subject to customary conditions and investor consents. It will expand EQT Real Estate’s U.S. capabilities in industrial, core, and alternative living strategies and broaden its global platform.