EQT AB Group is a global investment organization founded in 1994. Its funds invest in

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

growth equity Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mark ...

, and

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

, and

Asia Pacific Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isla ...

. , EQT's assets under management are €90 billion / US$100 billion. It is ranked the third largest private equity firm worldwide based on funds raised.

History

The company was founded in 1994 by SEB,

AEA Investors AEA Investors is an American middle market private equity firm. The firm focuses on leveraged buyout, growth capital, and mezzanine capital investments in manufacturing, service, distribution, specialty chemicals, consumer product, and busines ...

, and

Investor AB Investor AB is a Swedish investment and ''de facto'' conglomerate holding company. It was founded in 1916 and is still controlled by the Wallenberg family through their Foundation Asset Management company FAM. The company owns a controlling st ...

. It established

business,

EQT Ventures EQT Ventures is the venture capital business of Sweden, Swedish Investment management, investment manager EQT Partners, EQT AB Group. In May 2016, EQT Ventures announced its first €566m fund that makes minority equity investments in European an ...

in 2016 and went

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkei ...

in 2019 by

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

. In 2021, EQT acquired Life Sciences Partners, a European venture capital firm with approximately €2.2 billion of assets under management followed in 2022, by

Baring Private Equity Asia BPEA EQT (formerly known as Baring Private Equity Asia and BPEA) is an Asian private equity firm. Previously it was an affiliate of Barings Bank before becoming an independent firm. In 2022 it was acquired by EQT Partners to act as its Asian inve ...

managing funds of S$20.0 billion.

Fund investments

* 2017, Medical device company Clinical Innovations from the

Pritzker Group The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States of America (staying in the top 10 of ''Forbes'' magazine's "America's Richest Families" list since the ...

for US$250 millionJonathan D. Rockoff
"Private-Equity Group EQT to Buy Medical Device Company for $250 Million,"
''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', October 18, 2017. * 2019, SUSE for US$2.5 billion * 2019,

Zayo Group Zayo Group Holdings, Inc., or Zayo Group, is a privately held company headquartered in Boulder, Colorado, U.S. with European headquarters in London, England. The company provides communications infrastructure services, including fiber and band ...

Holding Inc from Digital Colony Partners for US$14.3 billion * 2019, Part of a consortium with

ADIA The Abu Dhabi Investment Authority ( ar, جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi (in the United Arab Emirates) founded for the purpose of investing funds on behalf of the Gover ...

to acquire

Nestlé Nestlé S.A. (; ; ) is a Switzerland, Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other me ...

Skin Health * 2019, Acumatica * 2019, German

fiber-optic network Fiber-optic communication is a method of transmitting information from one place to another by sending pulses of infrared light through an optical fiber. The light is a form of carrier wave that is modulated to carry information. Fiber is pr ...

provider Inexio for $1.1 billion * 2020, Spanish

website Idealista for €1.3 billion * 2021, Announced plans to acquire solar and storage

developer Developer may refer to: Computers * Software developer, a person or organization who develop programs/applications * Video game developer, a person or business involved in video game development, the process of designing and creating games * Web d ...

Cypress Creek Renewables

References

External links

* {{Largest private equity firms Companies based in Stockholm Companies related to the Wallenberg family Financial services companies established in 1994 Private equity firms of Sweden Swedish companies established in 1994