The aggregate value of European buyouts rose for its third consecutive quarter to €71.8bn in Q1 – up 21% compared to Q4 2020 and the highest quarterly deal value recorded since 2007 - according to the recently released Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago