EQT Infrastructure II to acquire WASH

EQT Infrastructure II Fund has agreed to buy El Segundo, California-based WASH Multifamily Laundry Systems, a provider of laundry services to multifamily apartments and universities. The seller is CHS Capital LLC. No financial terms were disclosed. Weil, Gotshal & Manges LLP, Bain & Company and KPMG advised EQT Infrastructure II on the deal while Moelis & Company LLC, William Blair & Co and Kirkland & Ellis LLP advised WASH. Morgan Stanley, Goldman Sachs and Natixis will provide financing for the transaction.

EQT Infrastructure Closes Second Fund

EQT Infrastructure has closed its second fund at the hard cap of 1.925 billion euros ($2.6 billion). EQT Infrastructure II will be targeting existing infrastructure companies located primarily in Europe and North America.

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