EQT Partners

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EQT Partners
Industry Private Equity
Founded 1994
Headquarters Stockholm, Sweden
Key people Conni Jonsson, Managing Partner at EQT Partners
Products Investments, private equity funds
Total assets 18 billion
Parent Investor AB
Website www.eqt.se

EQT is the leading private equity group in Northern Europe with almost EUR 20 billion in raised capital and multiple investment strategies. Together with a network of independent Industrial Advisors, EQT implements its investment strategy by acquiring or financing good medium-sized to large companies in Northern and Eastern Europe, Asia and the United States, supporting their development into leading companies. Development is achieved by an industrial strategy with focus on growth. Since inception, EQT has invested more than EUR 11 billion in around 100 companies and exited close to 50. EQT-owned companies have more than 550,000 employees.

EQT Partners, the investment advisor to all EQT funds, has more than 220 employees, of which around 120 are investment professionals with a broad industrial and financial background. EQT Partners and its affiliates have offices in Copenhagen, Frankfurt, Helsinki, Hong Kong, Oslo, London, Munich, New York, Shanghai, Singapore, Stockholm, Warsaw and Zurich.

In 2013, EQT Partners purchased Synagro, a sludge and human waste biosolids hauling company based in the U.S. after Carlyle group took Synagro private in 2007, but failed to turn Synagro around. Synagro entered Bankruptcy for missing debt payments and failing to service its heavy debt load.[1] Carlyle purchased Synagro for $772MM, yet EQT Partners purchased the defunct company for $455MM, netting Carlyle a loss of over $317MM.

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References[edit]

  1. ^ "Synagro bankrupt". Reuters. 24 April 2013.