EQT Acquires Majority Stake in Ellab from IK Investment Partners

Novo Holdings Acquires Ellab from EQT Private Equity

June 21, 2023

Medical Devices

Novo Holdings A/S has agreed to acquire Ellab from EQT Mid Market Europe (EQT Private Equity); the deal was announced in June and subsequently completed following regulatory approvals. Headquartered in Hillerød, Denmark, Ellab is a provider of validation and monitoring hardware, software and services for the biotech and pharmaceutical industries; the Lundbeck Foundation has also agreed to acquire a significant minority stake.

EQT Acquires Mabtech from IK Partners and Mérieux Equity Partners

January 9, 2024

Biotechnology

EQT, via its newly launched EQT Healthcare Growth Strategy, is acquiring Swedish immunoassay specialist Mabtech AB from IK Partners and Mérieux Equity Partners. Mabtech, a developer and manufacturer of antibodies, kits and readers used in vaccine, infectious disease and oncology research, will be supported by EQT to expand its product portfolio and accelerate geographic growth, particularly in the US. The transaction is subject to customary regulatory approvals and financial terms were not disclosed.

EQT Acquires Minority Stake in SHL Medical

January 3, 2020

Medical Devices

EQT VIII (EQT) has agreed to acquire a minority stake in SHL Medical, a Switzerland-headquartered manufacturer of advanced drug delivery devices including autoinjectors. The investment will support SHL's next phase of growth, innovation and digitization while leveraging EQT's healthcare expertise; the deal is subject to customary regulatory approvals.

Elos Medtech Acquires Klingel Medical Group from IK Partners

July 28, 2023

Medical Devices

Elos Medtech AB has agreed to acquire KLINGEL Holding GmbH (Klingel Medical Group) from IK Partners' IK VIII Fund. The acquisition expands Elos Medtech's CDMO capabilities and DACH footprint, combining Klingel's precision metal components, development services and sterile packaging expertise with Elos's global medtech platform.

EQT Private Equity Acquires 20% Stake in 3Shape

December 8, 2021

Medical Devices

EQT Private Equity (via the EQT IX fund) agreed to acquire a 20% minority stake in Copenhagen-based digital dentistry leader 3Shape from the company's founders, who remain majority shareholders. The investment will provide growth capital and access to EQT's digitalization and global healthcare expertise to accelerate 3Shape's international expansion and roll-out of additional digital services.

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.