EQT AB – compounder-mulighed på det unoterede marked?

EQT har solgt de resterende aktier i VVS- og køleteknikgrossisten Beijer Ref for cirka 370 millioner euro.

  • EQT gennemfører det endelige frasalg af aktier i Beijer Ref, en globalt førende grossist og distributør af køle-, varme-, ventilations- og airconditionteknologi (HVAC)
  • Under EQT’s ejerskab har Beijer Ref mere end fordoblet omsætningen og tredoblet EBITDA, understøttet af accelereret organisk vækst, disciplinerede opkøb (M&A) og fortsat marginudvikling
  • Salget resulterede i et samlet bruttoprovenu på ca. 370 millioner EUR til hovedaktionæren, hvoraf EQT IX modtog ca. 275 millioner EUR
3 Synes om

EQT køber Corza Biosurgery, hvis bedst kendte produkt er TachoSil-kirurgiplasteret. Det bruges til at stoppe blødninger og lukke væv ved de mest krævende operationer.

EQT planlægger at accelerere virksomhedens vækst ved at udvide salget til nye markeder, udvikle produkter og foretage yderligere opkøb. Handlen forventes gennemført i slutningen af dette år.

Denne nyhed kom som en PRESSEmeddelelse. Corza Medicals omsætning er vist på en halv milliard, som EQT køber dette af, og hvis jeg har forstået det ret, så har Corza Biosurgery kun været en lille del af Corza Medical, så det er vel ikke nogen kæmpe handel. :slight_smile:

  • EQT erhverver Corza Biosurgery, en førende virksomhed inden for biokirurgi centreret omkring TachoSil, et førende hæmostatikum og forseglingsplaster, der anvendes inden for en bred vifte af kirurgiske specialer
  • TachoSil understøtter forbedrede kirurgiske resultater gennem hurtig blødningskontrol og vævsforsegling og er understøttet af omfattende klinisk dokumentation, sundhedsøkonomiske data og opbakning fra kirurger
  • EQT vil støtte TachoSil og dets ledelsesteam, ledet af Thierry Leclercq, i deres næste vækstfase ved at investere i kommerciel acceleration, indikations- og geografisk ekspansion, innovation og ved at opbygge en bredere biokirurgisk platform gennem M&A
4 Synes om

EQT opkøber Copia Power, som udvikler energiinfrastruktur og datacentercampusser i USA.

Copias model kombinerer elproduktion, transmissionsnet og datacentre, hvilket fremskynder opførelsen af den infrastruktur, der især er nødvendig for AI. EQT har til hensigt at vækste virksomheden, accelerere projekter og udnytte synergier med sine andre investeringer inden for energi, fibernet og datacentre.

Handlen forventes at blive gennemført inden udgangen af dette år.

  • Copia Power udvikler, ejer og driver integrerede energimæssige og digitale infrastrukturer i stor skala på tværs af USA.
  • Copia arbejder sammen med forsyningsselskaber for at frigøre ny strømkapacitet, fremskynde infrastrukturudvikling og understøtte en bæredygtig, langsigtet netstabilitet og overkommelige priser for forbrugerne.
  • En stærkt tematisk investering, der støtter udbygningen af amerikansk AI-infrastruktur, hvor adgang til skalerbar og pålidelig strøm er blevet en stadig mere kritisk forudsætning for fortsat udvikling af datacentre.
  • EQT vil indgå i et partnerskab med Copia Powers ledelsesteam for at opskalere platformen, fremskynde prioriterede udviklingsprojekter og udvide deres integrerede campusmodel i hele USA.
6 Synes om

EQT er kommet stærkt fra start i år, da både omsætning og resultat er vokset markant.

Virksomheden har øget sine investeringer, især inden for AI-infrastruktur, hvor den nye fond angiveligt har fået en flyvende start. Der blev også foretaget væsentligt flere nye investeringer end tidligere, og virksomheden går ind i årets sidste del med stor selvtillid takket være den gode investerings- og kapitalrejsningssituation. :slight_smile:




9 Synes om

EQT køber fjorten logistikejendomme af Logicor i Storbritannien, Tyskland og Frankrig for cirka en halv milliard euro.

Ejendommene er fuldt udlejede og er placeret i nærheden af vigtige transportruter. Ifølge selskabet styrker handlen EQT’s position inden for europæiske logistikejendomme og understøtter samtidig selskabets langsigtede vækst.

  • EQT Real Estate har indgået aftale om at erhverve en portefølje på 14 logistikejendomme på tværs af Storbritannien, Tyskland og Frankrig fra Logicor
  • Porteføljen omfatter cirka 457.000 kvadratmeter moderne, fuldt udlejet logistikareal
  • Erhvervelsen styrker yderligere EQT Real Estates europæiske logistikplatform og tilføjer volumen på tværs af etablerede distributionskorridorer og centrale forbrugscentre

EQT Real Estate er glade for at kunne annoncere, at EQT Real Estate Europe Logistics Value Fund V (“EQT Real Estate”) har indgået aftale om at erhverve en paneuropæisk logistikportefølje med 14 aktiver fra Logicor for 532 millioner EUR.

Porteføljen omfatter cirka 457.000 kvadratmeter logistikareal fordelt på otte aktiver i Storbritannien, fire i Tyskland og to i Frankrig. Ejendommene er fuldt udlejede til en diversificeret gruppe af lejere inden for detailhandel, e-handel, logistik og industri og er placeret på store distributionsmarkeder med adgang til vigtige transportnetværk og befolkningscentre.

Jonathan Mackie, Managing Director hos EQT Real Estate, udtaler: “Europæisk logistik er fortsat en af vores sektorer med højest overbevisning, understøttet af en vedvarende efterspørgsel fra lejere efter velbeliggende ejendomme af høj kvalitet. Vi er glade for at udvide vores tilstedeværelse yderligere gennem denne erhvervelse fra Logicor, som tilføjer en diversificeret portefølje af ejendomme af høj kvalitet og skaber en stærk platform for langsigtet vækst.”

Ryan Pappas, Chief Investment Officer hos Logicor, udtaler: “Vi er særligt glade for at have indgået endnu en transaktion med EQT, en højt respekteret og professionel partner, hvilket afspejler den fortsatte appel af logistikejendomme i topklasse og styrken af langsigtede relationer i vores sektor.”

Overdragelsen af de britiske aktiver er gennemført, mens færdiggørelsen af de tyske og franske aktiver fortsat afventer sædvanlige betingelser for closing.

4 Synes om

EQT’s nye Scaleup Europe-fond har foretaget sin første investering i det finsk-grundlagte ICEYE ved at deltage i en stor finansieringsrunde.

Fonden ønsker at sætte skub i væksten for Europas mest lovende teknologivirksomheder og “indsnævre” manglen på vækstkapital. ICEYE er særligt kendt for sine satellitbaserede rum-efterretningsløsninger, som mange europæiske lande allerede gør brug af.

  • ICEYE, der har haft hovedkvarter i Finland siden 2014, ejer og driver verdens største konstellation af satellitter med syntetisk apertur-radar (SAR)
  • Finansieringsrunden - som blev co-ledet af Scaleup Europe Fund - omfattede 450 millioner euro i primært provenu fra Series F til en værdiansættelse på over 10 milliarder euro
  • Investeringen demonstrerer et stærkt tidligt momentum for Scaleup Europe Fund - som har et mål om en fondsstørrelse på 5 milliarder euro - idet den begynder at støtte Europas mest lovende teknologivirksomheder og arbejder på at bygge bro over kontinentets hul i scaleup-finansiering
10 Synes om

EQT har solgt en portefølje på 20 logistikejendomme i USA.

Virksomheden sammensatte porteføljen fra 2020 og frem, og ifølge pressemeddelelsen øgede de værdien ved at udleje og renovere objekterne. Købsprisen er ikke oplyst.

  • Porteføljen udgør ca. 4,4 millioner kvadratfod (ca. 408.773 kvadratmeter) fordelt på 20 logistikaktiver i St. Louis, Cincinnati, Columbus, Dayton, Cleveland og Louisville
  • EQT Real Estate sammensatte porteføljen fra 2020 og fremefter og styrkede aktiverne gennem udlejning, bygningsopgraderinger og aktiv lokal forvaltning
  • Transaktionen understreger den store køberinteresse for stabiliserede, velbeliggende logistikporteføljer af en vis skala i det centrale USA
3 Synes om

EQT sælger 46 moderne logistikejendomme til LBA Realty i det sydøstlige USA.

Bygningerne huser for eksempel lagre, distributionscentre, fremstillingsindustri osv. Områdets befolkning siges at vokse, transportforbindelserne og havnene er gode, så EQT mener, at der også vil være efterspørgsel efter lager- og transportfaciliteter i fremtiden.

  • 46 Class A logistics buildings totaling approximately 10.5 million square feet across 10 southeast markets in the Carolinas, Georgia, Florida, and Alabama
  • The state of the art logistics assets average roughly 230,000 square feet and house a diverse range of tenants servicing the southeast from last-touch operations, regional distributions centers, advanced manufacturing, and bulk distribution
  • All 10 portfolio markets are recording positive population growth generating sustained Southeast logistics demand
2 Synes om

Jeg ved ikke, hvor vigtig en nyhed det er, men interessant er den i hvert fald. :slight_smile:

Amazon har indgået langsigtede PPA’er (Power Purchase Agreements) med svenske vindmølleparker i forbindelse med udvidelsen af selskabets datacentekapacitet i landet.

De nye aftaler øger selskabets elforsyning med næsten 200 megawatt. Og vindmølleparkerne udvikles af… Eolus og… OX2, der ejes af EQT.

https://www.investing.com/news/stock-market-news/amazon-signs-deals-for-4-wind-farns-in-sweden-for-data-centers-bloomberg-93CH-4880536

3 Synes om

EQT har gennemført opkøbet af Coller Capital til en værdi af 3,2 milliarder dollars.

Coller køber og sælger andele i allerede eksisterende kapitalfonde (private equity-fonde). Virksomhedshandlen styrker EQT’s position inden for denne hastigt voksende sektor. Samtidig stiger EQT’s samlede forvaltede formue (AUM) til 341 milliarder euro.

  • Coller Capital, der nu opererer som Coller EQT, er en af de største dedikerede platforme for sekundære markeder globalt, med dyb ekspertise i både LP- og GP-ledede sekundære transaktioner.
  • Kombinationen placerer EQT stærkt på det hurtigt voksende sekundære marked – som så en transaktionsvolumen på over 120 milliarder dollars i første halvdel af 2026, hvilket er det stærkeste første halvår nogensinde1 – og bringer firmaets samlede forvaltede formue op på 341 milliarder euro (389 milliarder dollars)2.
  • Coller EQT er gået i gang med de tidlige forberedelser til fortsat ekspansion i nye aktivklasser, og EQT er fortsat dedikeret til at fordoble Collers forvaltede formue (FAUM) inden for fire år.

EQT opretter en ny fond, gennem hvilken velhavende investorer kan komme med i asiatiske unoterede vækstselskaber. Selskabet ser store muligheder i regionen, da Asien vokser hurtigt, men fortsat kun modtager en lille del af verdens private equity-investeringer.

Fonden investerer bl.a. i teknologi, sundhed og industri.

\u003e * EQT Nexus Asia provides eligible individual and institutional investors access to EQT Private Capital’s Asia Pacific platform through a single evergreen strategy
\u003e * Asia accounts for approximately 60% of the world’s population and 60% of global economic growth, yet receives less than 5% of global private equity allocations, creating attractive entry points for the region’s expanding buyout market
\u003e * EQT is well-positioned to capture Asia’s structural tailwinds, building on a 30-year track record of investing in the region, and a dedicated team of over 150 investment professionals based across nine local offices

Her er selve PRESSEmeddelelsen :slight_smile: :backhand_index_pointing_down:

EQT offentliggjorde i dag sit Q3-resultat og er nu oppe med omkring 0,5 procent her ved 10-tiden. :slight_smile:

Strong fundraising momentum and attractive deal flow

"As we enter the final quarter of the year, and I reflect on the challenges and opportunities ahead for private market investors, the attractiveness of the EQT platform is clear. Our newest initiatives - the AI Infrastructure strategy and the Scaleup Europe Fund - have exceptional early momentum and reflect the positive client reception to our newly launched thematic strategies in areas of strength for our platform. In Q3, we closed the acquisition of Coller Capital, making us an even more strategic partner for private market investors. And today we announce the acquisition of Stockbridge, marking the next step in the development of the EQT Real Estate business line. In the quarter we also established our first office in the Middle East. Across strategies we see good deal flow and value creation, and we remain focused on driving monetisations and liquidity."

Per Franzén,
CEO and Managing Partner

Highlights for the period Jul-Sep 2026 (Jul-Sep 2025)

Strategic highlights

  • The combination with Coller Capital was completed on 31 August, and Coller Capital now operates as Coller EQT
  • On 15 October 2026, EQT signed an agreement to acquire Stockbridge1, a leading U.S. real estate investment manager with approximately $17bn of fee-generating assets under management. The acquisition will be cash funded
  • EQT launched its Middle East platform, opening an office in Abu Dhabi
  • EQT launched Nexus Asia, an Asia Pacific-focused evergreen strategy for the private wealth segment

Fundraising

  • Gross inflows amounted to €‌​​41.6​‌bn. FAUM amounted to €‌​​‌195​‌bn (€‌​​​139​‌bn) and Total AUM was €‌​​‌‌354​‌bn (€‌​​‌​267​‌bn)
  • The increase in FAUM includes €34bn from Coller Capital, consolidated from 31 August following the closing of the transaction2

Key funds

  • Net inflows to Key funds amounted to €‌​​​‌10.9​‌bn, of which €10.3bn related to the inclusion of Coller Capital
  • EQT XI is expected to be activated within the next few months and will not contribute to FAUM until activation
  • Fundraising for EQT Infrastructure VII was initiated during the summer. Infrastructure VII is not contributing to FAUM until its activation. The fund is expected to be activated around year-end, and the fund is expected to hold an early close in December
  • Coller EQT is preparing for the launch of CIP X early next year

Other strategies

  • Net inflows to Other strategies amounted to €‌​​​​24.4​‌bn, of which €19.0bn related to the inclusion of Coller Capital. The remainder was partly related to the activation of Scaleup Europe Fund
  • NAV for the AI Infrastructure fund amounted to $11.5bn, driven by $0.9bn of net inflows, and continued strong value appreciation
  • EQT’s open-ended Active Core Infrastructure strategy was activated during the quarter and charges fees on NAV
  • The combined NAV of EQT’s open-ended strategies was €10.7bn
  • The Scaleup Europe Fund was activated during the quarter, with strong deal flow and fundraising momentum with above €3bn of secured commitments as of today. The fund has a €5bn target fund size, which EQT expects to reach and exceed. Fundraising will continue into H1 2027
  • Fundraising was concluded for EQT Healthcare Growth with a final close at €1.4bn
  • Coller EQT launched fundraising for CCO III, which charges fees on invested capital. The fund is not yet activated
  • During Q3, Coller EQT raised $2.7bn of capital to underlying funds and vehicles from structured insurance products

Evergreens

  • Net inflows to evergreens amounted to €‌​​‌‌‌0.9​‌bn. Net inflows were particularly strong for EQT’s infrastructure vehicles, though seasonal effects in July and August weighed on inflows overall. Redemptions remained limited and corresponded to around 1% of NAV. NAV amounted to
    €​11bn
  • Incremental FAUM related to evergreens3 amounted to €‌​​‌‌​8.5​‌bn at the end of the period and increased by €‌​​‌​‌5.1​‌bn of net inflows and €0.2bn of value development (€4.4bn out of the €5.3bn increase related to the inclusion of Coller Capital)
  • During the quarter, EQT launched EQT Nexus Asia, an Asia Pacific-focused evergreen strategy, enabling investors to access opportunities in the region’s evolving private markets landscape

Investment activity

  • EQT announced gross fund investments of €‌​​7​‌bn, delivering attractive deal flow across strategies, thematics and geographies. In addition, EQT provided co-investment opportunities of €2bn for its clients
  • EQT Infrastructure announced the acquisition of Copia Power, an integrated power and AI infrastructure platform (EQT Infrastructure VII)
  • EQT Private Capital announced the final two investments for EQT X, TachoSil® biosurgery business, and McGill, a specialty insurance broker, and the fund concluded its investment period
  • The Scaleup Europe Fund announced seven investments during the quarter. Among those were ICEYE, Europe’s leader in sovereign intelligence from space; Lovable, an AI-native software creation platform; and Tandem, a European clinical AI platform
  • EQT Real Estate acquired a 14-asset pan-European logistics portfolio (EQT Real Estate Europe Logistics Value Fund V), and a 5.2 million square foot logistics portfolio across Southern California (EQT Real Estate U.S. Industrial Value Fund VI)

Exit activity

  • EQT announced total gross fund exits of €‌​​3​‌bn. EQT realized €0.4bn for its co-investors
  • EQT Private Capital Mid-Market strategies exited Quantios, a provider of cloud software for trust and corporate service providers (Asia Mid-Market Opportunities Fund I); and Ontinue, a provider of AI-powered managed cybersecurity services (EQT Mid Market Europe). Private Capital Asia announced the exit of Acuon Group, an independent financial platform in Korea (BPEA VII)
  • EQT Real Estate announced the sale of a 10.5 million square foot Southeast logistics portfolio, and the sale of a 4.4 million square foot logistics portfolio spanning six Midwest markets (EQT Real Estate Industrial Value Fund V)

Investment performance

  • Key fund valuations increased by ‌​​5%​‌, with overall Key funds valuations increasing 10% over the last 12 months
  • All Key funds continue to perform On or Above plan
  • Infrastructure continued to deliver strong value uplift during the quarter, led by strong underlying performance in the Digital and Energy sub-sectors
  • EQT X continued to perform well, with a mid-teens value increase over the last 12 months, and BPEA IX continues to be in investment mode
  • Following the closing of the Coller Capital transaction, CIP IX was included as a Key fund. The fund is performing On plan

People

  • The number of full-time equivalent employees (FTE) amounted to ‌​​2,274​‌ (‌​​‌1,941​‌) at the end of the period. Coller Capital FTEs amounted to 3234 at closing. EQT will continue to invest in future growth areas, including Asia and the U.S., AI capabilities, and capital raising capabilities
  • Gustav Segerberg was appointed Chief Financial Officer, effective as of 18 July 2026
  • At closing of the Coller Capital transaction, Jeremy Coller was appointed Head and CIO of Coller EQT and member of EQT’s Executive Committee

Other

  • At the end of the period, the number of portfolio companies with validated science-based targets amounted to ‌​​67​‌, representing more than ‌​​‌75%​‌ of invested capital. A further ‌​​​6​‌ companies are in the process of setting targets
  • EQT continued to expand its global reach, most recently with the launch of its Middle East platform and office opening in Abu Dhabi
  • As of this Q3 Announcement, EQT reports Secondaries as a separate operating segment, following the closing of the Coller Capital transaction. As per this announcement, EQT has a four-segment reporting structure: Private Capital, Infrastructure, Real Estate and Secondaries
  • Following the closing of the Coller Capital transaction, Coller EQT will align the reporting of FAUM with EQT’s reporting framework, whereby the step-down in fee rate is reflected in the capital base, in line with EQT’s definition. The change means that the average fee rate will increase equivalently. As of Q3, Coller EQT’s FAUM amounts to $38bn compared to $33bn when aligned to EQT’s reporting framework. This change does not impact fund economics or outlook. The aligned reporting will apply from Q4 2026 onwards. This will also have a one-time impact on the older Life Sciences funds that historically have been stepping down in fee-rates and not capital base

Events after the reporting period

  • On 15 October 2026, EQT signed an agreement to acquire Stockbridge, a leading U.S. real estate investment manager1
  • Investment levels in EQT Key funds as of 15 October 2026 were 85-90% in EQT X, 75-80% in EQT Infrastructure VI, 10-15% in BPEA IX, and 75-80% in CIP IX
  • EQT Real Estate announced the sale of residential development comprising more than 800 homes (EQT Real Estate II)
  • EQT Private Capital announced a dividend recap in Fortnox (EQT X)
  1. The transaction is subject to customary closing conditions, including regulatory approval. The closing of the transaction is expected in Q1 2027
  2. A technical adjustment will be made to the presentation of Coller EQT’s FAUM, whereby the step-down in fee rates is instead reflected in the capital base in line with the wider EQT definition. The adjustment will apply from Q4 2026
  3. Note that only co-investments and NAV appreciation are incremental to EQT AB’s FAUM related to evergreens, as fund-of-fund investments are already accounted for in the underlying funds
  4. Following closing, Coller Capital employees have been integrated into the EQT organization

Presentation of EQT AB’s Q3 Announcement 2026

Financial analysts and media are invited to participate in a conference call, including a presentation at 08.30 CEST.

The presentation and a link to follow the webcast and conference call live can be found here and a recording will be available afterwards.

To participate by phone, please register here. You will then receive your personal dial-in details, to be able to ask questions during the Q&A.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Her er en separat artikel om, at EQT opkøber det amerikanske ejendomsinvesteringsselskab Stockbridge. Artiklen indeholder også andre ting. :slight_smile:

Handlen forventes gennemført i begyndelsen af næste år. Den samlede værdi af EQT’s aktiver under forvaltning voksede i løbet af året fra 267 milliarder til 354 milliarder euro, primært takket være opkøbet af Coller Capital.

Selskabet rejser kapital til nye fonde, men gav ikke nogen forventninger til sin økonomiske udvikling.

https://www.investing.com/news/stock-market-news/eqt-to-buy-stockbridge-expanding-its-us-real-estate-business-4950641

5 Synes om