Bridgepoint Private Equity Inks Deal to Acquire EQT’s Credit Business
Posted on 06/18/2020
Bridgepoint inked a deal to acquire the credit business of EQT Partners AB. The EQT credit business oversees around 4 billion EUR in assets under management, as of December 31, 2019. The credit unit of EQT pursues medium-sized European companies. The credit business at EQT was formed in 2008 and is the smallest of EQT’s three business segments. Bridgepoint is a pan-European private equity investor.
JP Morgan has acted as financial advisor and Kirkland & Ellis and Travers Smith as legal advisors to EQT on the transaction.