EQT Non-public Fairness Asia has introduced its acquisition of a majority stake in Shanghai-based pest management operator, Guardian, for an undisclosed quantity The transaction closed on 17 March 2022
The acquisition was made out of EQT’s $800 million Mid Market Asia III fund, rendering the fund absolutely deployed, a spokesperson for EQT informed FinanceAsia
Particulars of the transaction, together with the dimensions of the stake acquired, weren’t disclosed, however the spokesperson confirmed that the stake was acquired from Chinese language holding firm, Jade Make investments, and that the deal implies a full exit for Jade
EQT Mid Market Asia III fund targets investments within the vary of $30-250 million, in mid-market…
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