EQT Expansion Capital I, the predecessor fund to EQT Expansion Capital II, was founded in 2003 under the name EQT Mezzanine. In June 2007 the business was renamed to EQT Expansion Capital I.

Michael Föcking, Senior Partner of EQT Partners said: “The new name highlights our intention to support the expansion plans of mid-sized companies and to differentiate from standardised and rather inflexible mezzanine products. Furthermore, the new name supports our equity-oriented investment philosophy.”