

Two Decades of Future Proofing Companies: IPO Report

This report digs deep into EQT’s IPO track record and explores how these businesses were transformed under EQT’s ownership.
- Download the full report .
EQT’s ethos is to be “more than capital”. This means creating more resilient companies that are positioned to succeed in tomorrow’s economy, thereby delivering long-term value for investors, future owners and society at large. EQT calls this future-proofing.
Future-proofing means many things. Part of it is about financial growth during EQT’s ownership – on average, the private capital firm has helped portfolio companies grow sales by 13 percent and EBITDA by 16 percent over the past three years. However, it is also important that businesses are set up to succeed long after EQT’s ownership period, regardless of which exit route is pursued.
Over the past two decades or so, EQT has brought 26 companies to the public market, of which 17 are included in this report, on the basis that they have been traded for at least three years. The majority have continued to deliver strong returns and performance. The median net sales growth of these companies was 43 percent, and the median EBITDA growth was 33 percent three years after their listing.
Evaluating former portfolio companies’ continued development is one way to assess the success of EQT’s approach. While these companies are no longer under EQT’s control, their performance in the years after listing reflects the long-term measures EQT implemented, such as investments in digitization, sustainability, and resilience. In other words, they show the real-world impact of future-proofing.
This report digs deep into EQT’s IPO track record and explores how these businesses were transformed under EQT’s ownership.

Download the full report .

Benjamin Robertson is an Editor for ThinQ by EQT focusing on capital markets and private equity. Before joining ThinQ he was a journalist for Bloomberg and the South China Morning Post.
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