M&A Deal Summary

EQT Holdings AB Acquires Covanta

On July 14, 2021, private equity firm EQT Holdings AB acquired energy services and equipment company Covanta for 5.3B USD

Acquisition Highlights
  • This is EQT Holdings AB’s 5th transaction in the Energy Services and Equipment sector.
  • This is EQT Holdings AB’s 4th largest (disclosed) transaction.
  • This is EQT Holdings AB’s 42nd transaction in the United States.
  • This is EQT Holdings AB’s 4th transaction in New Jersey.

M&A Deal Summary
Date 2021-07-14
Target Covanta
Sector Energy Services and Equipment
Buyer(s) EQT Holdings AB
Deal Type Going Private
Deal Value 5.3B USD

Target

Covanta

Morristown, New Jersey, United States
website
Covanta is a provider of waste and energy services to municipal entities. The Company's 45 Energy-from-Waste facilities provide communities and businesses around the world with environmentally sound solid waste disposal by using waste to generate clean, renewable energy. Covanta was founded in 1962 and is based in Morristown, New Jersey.

Search 179,363 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

EQT Holdings AB

Stockholm, Sweden

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1994
PE ASSETS 67.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT Partners 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, cr,edit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €15 to €500 million) 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 €50 to €400 million) 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 Partners was established in 1994 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 255 of 271
Sector (Energy Services and Equipment) 5 of 6
Type (Going Private) 13 of 15
State (New Jersey) 4 of 5
Country (United States) 42 of 47
Year (2021) 19 of 24
Size (of disclosed) 4 of 39
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-09 Meine Radiologie Holding

Frankfurt am Main, Germany

Meine Radiologie Holding specializing mainly in the fields of radiology and radiation therapy. Meine Radiologie focuses on optimal and individually tailored care for all patients whether statutory or private insurance. Meine Radiologie Holding was founded in 2017 and headquartered in Frankfurt am Main, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Curaeos

Oosterhout, Netherlands

Curaeos is a platform of dental clinics, with activities in the Netherlands, Germany, Italy, Belgium, and Denmark. The Company focuses on providing affordable high-quality dental care and is known for brands like DentConnect and DentalCoop. Curaeos was founded in 2011 and is based in Oosterhout, Netherlands.

Sell -
Mergr

Product

Company

Legal