EQT Asian Mid-Market Buyout
Partnering with High-Growth Mid-Market Companies to Drive Expansion and Innovation Across Asia
We support mid-sized companies with high potential for growth and enhanced performance, transforming them into the industry leaders of tomorrow.


We focus on the technology, services, and healthcare sectors across Asia.
Our EQT Asian Mid-Market Buyout strategy focuses on high-potential mid-market companies in India, Southeast Asia, Japan and Australia, emphasizing thematic control investments to unlock transformative growth. By combining sector expertise with EQT's proactive ownership approach, we deliver solutions aligned with the opportunities and challenges of mid-sized companies in dynamic markets. This strategy represents a natural extension of EQT’s broader investment philosophy.
On the topic ofPrivate Capital Asia
Explore Our Portfolio
A one-stop cloud-based platform for streamlining HR operations
Consisting of seven services, HRBrain was established in 2016 to offer software solutions aimed at simplifying and streamlining companies’ performance evaluation processes. Today, the Company’s HR solutions have grown to include comprehensive talent management, employee experience and organization assessment, labor management, AI ChatBot, 360 Reviews, and more.

- Sector
Technology
- Country
Japan
- Fund
BPEA EQT Mid-Market Growth
- Entry
2023
- Responsible advisor
Tetsuro Onitsuka
- Website
- HRBrain
A fast-growing, digital engineering provider
Indium offers innovative technology solutions to enterprise customers and born-digital companies. Focused on building modern solutions across applications, data, and gaming for its clients, with deep expertise in next-generation offerings combining data and applications. Indium offers a wide range of services including Product Engineering, Low-Code development, Data Engineering, AI/ML, Digital Assurance, and end-to-end Gaming Tech.

- Sector
Tech Services
- Country
United States
- Fund
BPEA EQT Mid-Market Growth
- Entry
2024
- Responsible advisor
Hari Gopalakrishnan
- Website
- Indium Software
A trusted partner in simplifying school management for teachers and administrators
Compass Education helps school communities simplify complexity with an all-in-one school management system. Featuring more than 40 connected, time-saving tools, schools can unlock productivity across attendance, payments, assessments, wellbeing and more. Compass powers 3,000+ government, and independent schools in Australia, UK and Ireland to enrich their education experience by streamlining administrative workflow and enhancing community engagement.

- Sector
Technology
- Country
Australia
- Fund
BPEA EQT Mid-Market Growth
- Entry
2025
- Responsible advisor
Nicholas Macksey
- Website
- Compass Education
A fast-growing, affordable housing lender
Niwas Housing Finance, formerly known as IndoStar Home Finance, is a fast-growing affordable housing finance company that has supported over 47,000 low income homeowners and small businesses across India. It sits at the intersection of India’s growing US$360bn+ affordable housing market and government-backed housing initiatives.
- Sector
Services
- Country
India
- Fund
BPEA Mid-Market Opportunities I
- Entry
2025
- Responsible advisor
Hemant Sharma
- Website
- Niwas Housing Finance
Meet the Private Capital Asia team













