EQT Mid Market Asia Acquires Majority Stake in Nexon Asia Pacific

EQT Invests in MHC Asia Holdings (Healthcare Benefits Administrator)

April 1, 2019

Healthcare Services

EQT Mid Market Asia III Fund has made a strategic investment in MHC Asia Holdings Pte. Ltd., a Singapore-headquartered healthcare benefits administrator serving insurers and corporate clients across Southeast Asia. The investment will support MHC's regional expansion, further development of its technology and analytics capabilities, and growth of its client portfolio.

EQT Mid Market Asia Takes 10% Stake in VBill

February 13, 2019

Financial Services

EQT Mid Market Asia (through its Mid Market Asia III fund) agreed to acquire a 10% primary equity stake in VBill, a Beijing-based third-party payment service provider and merchant acquirer in China. The minority investment will support VBill's continued SME and lower-tier city expansion, development of fintech-enabled consumer lending and potential international growth alongside VBill's founding management and parent Hi Sun Technology.

EQT Private Equity Acquires Majority Stake in AMCS

August 14, 2024

Cloud & SaaS

EQT Private Equity (investing from EQT X and EQT Future) will acquire a majority stake in AMCS, a Ireland-headquartered provider of cloud-based, AI-enabled planning, performance, safety and sustainability software for waste management, recycling and other resource-intensive industries. Existing investors including Insight Partners, Clearlake Capital, Highland Europe and the Ireland Strategic Investment Fund are expected to retain minority stakes; the deal is subject to customary conditions and is expected to close before Q1 2025.

EQT Acquires Majority Stake in Acronis

August 7, 2024

Cybersecurity

EQT X (part of EQT) will acquire a majority stake in Acronis, the cyber protection and data‑security software platform used by Managed Service Providers and corporate IT departments. Founders, management and existing investors including funds/accounts managed by CVC, Springcoast and BlackRock Private Equity Partners will remain significant minority shareholders; the deal values Acronis above its 2022 growth round and is expected to close in Q1–Q2 2025 pending regulatory approvals.

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.

EQT Group Acquires PageUp Group

October 31, 2024

Cloud & SaaS

EQT Group (via its BPEA Fund VIII / EQT Private Capital Asia vehicle) has acquired Australian-founded SaaS talent management provider PageUp Group from majority owner Battery Ventures. The investment will support PageUp’s international expansion and AI-driven product innovation while enabling a leadership transition as outgoing CEO Mark Rice retires and Eric Lochner becomes CEO.