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EQT Partners’ Automic to acquire Paris-based ORSYP

Automic, a portfolio company of EQT Partners, is planning on buying ORSYP SAS. No financial terms were disclosed. Harris Williams & Co. is serving as financial advisor to ORSYP on the transaction. Based in Paris, ORSYP, which is backed by Argos Soditic, is a provider of IT automation and optimization solutions.

Nieuwenburg to Head EQT Benelux

Kristiaan Nieuwenburg has joined EQT Partners as partner at EQT Equity and regional head for Benelux. Nieuwenburg comes from Dutch e-commerce firm RFS Holland Holding where he was chief financial officer.

Carlyle Eyes 4x Return on Software Vendor

The Carlyle Group will generate “roughly 4x” the capital it invested in UC4 Software, the Austrian company it has agreed to sell to Swedish buyout firm EQT Partners, Buyouts reported earlier today, citing a source close to the firm.   Such a return would be exceptional for Carlyle (or any firm, for that matter), whose […]

Cohrs Becomes Advisor to EQT

Michael Cohrs has become an advisor to Northern European private equity firm EQT and EQT Partners. Cohrs was previously member of the management board at Deutsche Bank and is also a member of the Interim Financial Policy Committee (and the Court) of the Bank of England. PRESS RELEASE Michael Cohrs has agreed to become an […]

Kolding Becomes Danske Bank CEO

Danske Bank named its chairman, Eivind Kolding, the group’s new chief executive to restore the bank’s leading position after struggling through the financial crisis, writes Reuters. Kolding will replace retiring Peter Straarup as CEO and board member Ole Andersen will replace Kolding as chairman. Andersen was senior partner at Swedish private equity group EQT Partners […]

EQT Exits Cimbria, Selling to Axcel

EQT has sold Cimbria to private equity fund Axcel, exiting the company, a maker of equipment for handling and processing of grain and seed, four years after it bought it. Financial terms of the deal were not released. The acquisition is expected to close in August. EQT Opportunity took a majority stake in Cimbria in 2007.

EQT, Affinity in Bidding War for Malaysia’s YTY Group

Private equity firms EQT and Affinity are in a bidding war for Malaysian synthetic rubber glove manufacturer YTY Group, Reuters reported. The deal for YTY Group could reach as high as $500 million, Reuters said.

EQT Buys Gala TV

Swedish private equity group EQT has acquired Taiwanese TV channel operator Gala TV, Reuters reported. EQT’s Greater China II fund bought the company with its chief executive, Lin Poa-Chuan, as co-investor, Reuters said. Financial terms of the deal were not disclosed.

EQT Closes $463 Million Euro Credit Fund

EQT Credit Limited has closed on 350 million euro ($463.4 million) for its EQT Credit fund. The fund, advised by Swedish private equity firm EQT Partners’ credit team, will focus on investing in the debt of operationally sound, but over-leveraged mid-sized European companies.

EQT Partners sells Aleris Holding

EQT Partners has sold Aleris Holding to Investor AB for SEK 4.4 billion. EQT Partners, a private equity firm, said Aleris was sold through an auction process and received strong interest from both trade and financial buyers. Aleris is a pan-Scandinavian healthcare service operator. Investor AB, an industrial holding company, is part of the Wallenberg family.

Carl Zeiss Preps Second Equity Injection

LONDON (Reuters) – Optics specialist Carl Zeiss AG is poised to prop up its eyeglass lens maker Carl Zeiss Vision with a second equity injection which will dilute the shareholding of private equity firm EQT, two sources said on Thursday. Carl Zeiss Vision, which was formed by the merger of Sola International with the eyeglass […]

EQT Executive Shot Dead, Suspects Arrested

MUNICH (Reuters) – Dirk Poschinger-von Camphausen, a 36-year-old EQT executive found dead at the weekend, was shot between 10 to 13 times, police said on Monday. Preliminary findings suggested that the private equity executive was shot in the course of trying to sell his Audi A8. Munich police have arrested a 40-year-old janitor suspected of […]

Missing EQT Partners Exec Found Dead in Germany

FRANKFURT (Reuters) – Munich police said on Monday they had found the body of missing private equity manager Dirk Poschinger von Camphausen, an employee with EQT in Germany. The 36-year-old former Morgan Stanley employee was reported missing by his wife on Thursday. “He was found dead,” a spokesman for Munich police said, declining to comment […]

EQT, GIC Agree To Buy Springer Science

LONDON/STOCKHOLM (Reuters) – Swedish private equity firm EQT and the Singapore government are buying Springer Science and Business Media, allowing an exit for the two UK buyout firms that have owned the debt-laden business since 2003. EQT, closely linked with Sweden’s powerful Wallenberg family and its Investor (INVEb.ST) group, said on Friday it would buy […]

Sources: EQT Close To Deal for Springer

LONDON (Reuters) – Swedish private firm EQT is set to buy German academic publisher Springer Science and Business Media this week, three people familiar with the matter told Reuters. Private Capital | Financials The deal will value the equity in the business at around 100 million to 150 million euros ($147.5 million-$221.3 million) and see […]

EQT May Offer Under €300 Million for Springer

LONDON (Reuters) – Private equity firm EQT may make an offer of under 300 million euros for German publisher Springer Science and Business Media this week, the Sunday Telegraph reported, which is less than originally expected. The report said EQT could make an offer this week of under 300 million euros ($452.2 million) for the […]

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