EQT Partners has sold its global industrial automation company Piab to Patricia Industries for an enterprise value of SEK 6.95bn, marking the first exit of a portfolio company in its seventh buyout fund.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017