EQT Private Capital Asia to acquire PropertyGuru
The BPEA Private Equity Fund VIII fund has entered into an agreement and plan of merger with PropertyGuru Group Limited (NYSE: PGRU), one of Southeast Asia’s leading PropTech companies.
With this transaction, BPEA Private Equity Fund VIII is expected to be 70-75 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication).
Read more here.
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EQT is a purpose-driven global investment organization with EUR 246 billion in total assets under management (EUR 133 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.
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