BPEA EQT Sells Remaining Stake in Coforge via $924M Block Trade

EQT Private Capital Asia Exits CMS Info Systems via $187M Block Trade

February 28, 2024

Logistics & Distribution

EQT Private Capital Asia (BPEA Private Equity Fund VI) sold its remaining 26.7% stake in CMS Info Systems Limited via a USD 187 million block trade. The buyer(s) were unnamed institutional investors / mutual funds in the block trade; CMS is a Mumbai-headquartered cash logistics and ATM management services provider with over 25,000 employees.

EQT Acquires Baring Private Equity Asia

March 16, 2022

Financial Services

EQT AB has agreed to acquire Baring Private Equity Asia (BPEA) in a €6.8bn transaction comprising 191.2m new EQT shares and ~€1.5bn–€1.6bn in cash, creating a scaled Pan-Asian active ownership platform rebranded as BPEA EQT Asia. The combination brings BPEA's private equity and real estate capabilities into EQT's global platform, with BPEA CEO Jean Eric Salata to lead the combined Asian business.

BPEA EQT-led Consortium (BPEA Private Equity Fund VIII) and ChrysCapital Acquire 90% of HDFC Credila

June 20, 2023

Financial Services

A BPEA EQT-led consortium (BPEA Private Equity Fund VIII), alongside co-investor ChrysCapital, agreed to acquire a 90% stake in HDFC Credila from Housing Development Finance Corporation Ltd. The consortium will infuse INR 20 billion of primary capital to support HDFC Credila’s growth, accelerate its digital transformation, and expand its footprint while HDFC will retain a 9.99% minority stake.

BPEA EQT Acquires Majority Stake in Indira IVF

July 28, 2023

Healthcare Services

BPEA EQT (BPEA Private Equity Fund VIII) has agreed to acquire a majority/control stake in Indira IVF, India’s largest network of fertility clinics, from TA Associates and the founding Murdia family. The investor said it will back Indira IVF’s R&D and digital capabilities while expanding the clinic network across India and into adjacent markets as part of a growth and scale strategy.

EQT Private Capital Asia (BPEA Fund VIII) Acquires WSO2

May 3, 2024

Software

EQT Private Capital Asia (BPEA Fund VIII), part of EQT, has agreed to acquire WSO2 from existing shareholders. WSO2 is an enterprise software provider of API management, integration, and identity and access management solutions; the deal is positioned to support WSO2's next phase of global growth and product innovation. Financial terms were not disclosed; the transaction is expected to close in H2 2024.

BPEA EQT Mid‑Market Growth Acquires Majority Stake in Indium Software

December 22, 2023

IT Services

BPEA EQT Mid‑Market Growth has agreed to acquire a majority stake in Indium Software, a Chennai‑headquartered digital engineering company, from existing shareholders. The fund will partner with CEO Ram Sukumar and Indium's management to scale go‑to‑market efforts and expand next‑generation capabilities across AI, advanced analytics and digital engineering; the deal is expected to close in Q1 2024.