M&A Deal Summary

EQT Acquires Open Systems

On June 9, 2017, private equity firm EQT acquired information technology company Open Systems

Acquisition Highlights
  • This is EQT’s 9th transaction in the Information Technology sector.
  • This is EQT’s 6th transaction in Switzerland.

M&A Deal Summary
Date 2017-06-09
Target Open Systems
Sector Information Technology
Buyer(s) EQT
Deal Type Buyout (LBO, MBO, MBI)

Target

Open Systems

Zurich, Switzerland
website
Open Systems is one of the major Secure SD-WAN as-a-service providers in Europe and the US. The company secures and monitors IT networks and business-critical applications for global enterprises, NGOs, and institutions. Open Systems was founded in 1990 and is based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1994
PE ASSETS 50.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 168 of 287
Sector (Information Technology) 9 of 24
Type (Buyout (LBO, MBO, MBI)) 63 of 77
Country (Switzerland) 6 of 8
Year (2017) 8 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 Swiss Smile Schweiz AG

Zurich, Switzerland

Swiss Smile Schweiz AG is a provider of dental care and services and differentiates itself through a strong brand, high medical standards, convenient opening hours, a modern infrastructure, and an outstanding patient experience. Swiss Smile was founded in 2002 and is based in Zurich, Switzerland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-24 Ottobock

Duderstadt, Germany

Ottobock develops medical technology products and fitting concepts for people with limited mobility in the fields of Prosthetics, Orthotics, Human Mobility (wheelchairs, rehabilitation devices), and medical care. Ottobock was founded in 1919 and is based in Duderstadt, Germany.

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