Divestments

Springer SBM

EQT V and Government of Singapore Investment Corporation acquired Springer Science+Business Media (“Springer”) in 2010 from Cinven and Candover.

Springer is a leading publisher of scientific, technical and medical (“STM”) journals by titles and the largest publisher of STM books. The company has approximately 7,300 employees and its largest customer groups are universities and academic research libraries.

  • Sector
    TMT
  • Country
    Luxembourg
  • Responsible Advisor
    Marcus Brennecke
  • Fund
    EQT V
  • Entry
    2010
  • Exit
    2013

Revenues are generated worldwide, but with the majority in Europe and the US. EQT’s key initiatives focused on transforming Springer into a digital and pure play STM publisher with increased investments in development of e.g. a proprietary content database SpringerLink and digitization of the entire Springer Book Archive.

In 2013, EQT V sold Springer to BC Partners for an enterprise value of EUR 3.3 billion, with EQT maintaining a small minority ownership.

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