Goldman Sachs Alternatives Acquires Melita from EQT

Goldman Sachs Alternatives Acquires Majority Stake in Sila Services

November 11, 2024

HVAC & Mechanical

Goldman Sachs Alternatives’ Private Equity business agreed to acquire a majority stake in Sila Services from investment funds managed by Morgan Stanley Capital Partners. Headquartered in King of Prussia, Pennsylvania, Sila is a residential HVAC, plumbing and electrical services platform operating over 30 brands across the U.S. Northeast, Midwest and Mid-Atlantic; Sila management will remain in place and retain a significant minority stake. Financial terms were not disclosed and closing is subject to customary regulatory approvals.

EQT and GIC Acquire Majority Stake in Calisen

December 2, 2024

Energy

EQT (via its Active Core Infrastructure fund) and Singapore sovereign investor GIC will acquire a majority stake in UK smart-metering and energy infrastructure owner Calisen from funds managed by Global Infrastructure Partners, Goldman Sachs Alternatives’ infrastructure business, and Mubadala Investment Company. The deal values Calisen at about £4.0 billion; Equitix will remain a minority investor and the transaction is subject to regulatory approvals. The new owners plan to support Calisen’s rollout of smart meters and expansion into adjacent energy-transition services such as EV charging, solar/battery and heat-pump installation.

Goldman Sachs Alternatives Acquires Majority Stake in TAIT from Providence Equity Partners

July 9, 2024

Media & Entertainment

The Private Equity business at Goldman Sachs Alternatives will acquire a majority stake in TAIT from affiliates of Providence Equity Partners and other existing investors. TAIT's management will remain significant shareholders as Goldman Sachs looks to broaden the company's technology offerings and expand its global footprint in live and location-based experiences.

EQT to acquire 80% stake in Eutelsat's Ground Station Infrastructure Business

August 9, 2024

Telecommunications

EQT Infrastructure VI has entered exclusive negotiations to acquire an 80% majority stake in Eutelsat Group’s Satellite Ground Station Infrastructure Business, in a transaction that values the carved-out entity at an enterprise value of EUR 790 million. Eutelsat will retain a 20% stake and remain an anchor tenant and partner; EQT intends to invest in antenna infrastructure and pursue M&A-driven growth to build a leading independent ground station operator headquartered in France.

EQT Infrastructure Acquires Madison Energy Investments

December 20, 2022

Energy

EQT Infrastructure VI has agreed to acquire Madison Energy Investments (MEI) from affiliates of Stonepeak Partners. EQT will provide growth capital and digital/operational support to expand MEI's deployment of distributed solar and energy storage projects across the United States.

EQT Infrastructure Acquires Molslinjen A/S

December 10, 2020

Transportation

EQT Infrastructure has entered into a definitive agreement to acquire Molslinjen A/S, Denmark's largest passenger ferry operator, from a group of shareholders led by Polaris. EQT intends to support Molslinjen's decarbonization and electrification agenda, invest in fleet and service improvements, and pursue further organic and inorganic growth; the deal was expected to close in early 2021.