M&A Deal Summary

EQT Acquires Desotec

On July 5, 2017, private equity firm EQT acquired environmental company Desotec from AAC Capital Partners

Acquisition Highlights
  • This is EQT’s 4th transaction in the Environmental sector.
  • This is EQT’s 1st transaction in Belgium.
Investment Fate
  • Desotec was sold to a consortium of financial buyers in 2021.
  • Desotec was sold to a consortium of financial buyers in 2025.

M&A Deal Summary

Date 2017-07-05
Target Desotec
Sector Environmental
Buyer(s) EQT
Sellers(s) AAC Capital Partners
Deal Type Secondary Buyout

Target

Desotec

Roeselare, Belgium
Desotec provides circular, mobile filtration solutions using activated carbon to help companies purify water, air, and soil. Their “Filtration-as-a-Service” model rents mobile filters, collects saturated filters for off-site reactivation, and then re-uses the carbon, reducing waste while helping clients meet environmental standards. Desotec was founded in 1990 and is based in Roeselare, Belgium.

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Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B 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 172 of 318
Sector: Environmental M&A 4 of 9
Type: Secondary Buyout M&A Deals 39 of 101
Country: Belgium M&A 1 of 5
Year: 2017 M&A 11 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 Fenix Marine Services

Terminal Island, California, United States

Fenix Marine Services is a container terminal with a long-term concession providing container handling services to shipping lines including stevedoring, intermodal and truck services, storage, and maintenance. Fenix Marine Services is based in Terminal Island, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 Certara

Princeton, New Jersey, United States

Certara engages in model-informed drug development and regulatory science, focused on optimizing drug development and improving health outcomes. Certara was founded in 2008 and is headquartered in Princeton, New Jersey.

Buy $850M

Seller(S) 1

SELLER

AAC Capital Partners

Amsterdam, Netherlands

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 900M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

AAC Capital is a specialist buy-out private equity firm target to invest in mid- market companies located primarily in Netherlands and Belgium. It seeks to invest in companies with an enterprise value of €50 - 350 million. ACC Capital Benelux is a private equity arm of ACC Capital Partners and is based in Amsterdam.


DEAL STATS #
Overall 18 of 21
Sector: Environmental M&A 1 of 1
Type: Secondary Buyout M&A Deals 8 of 9
Country: Belgium M&A 2 of 3
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-23 Baarsma Wine Group

Hilversum, Netherlands

Baarsma Wine Group is a distributor of quality wines, active in the Netherlands, Belgium, the UK, Switzerland and South Africa. Established some 30 years ago in the Netherlands, Baarsma Wine Group has evolved into one of the main players in the European wine market, with a turnover approaching 210 million Euros and over 250 full time employees.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-20 Savaco

Kortrijk, Belgium

Savaco is a Belgian IT service provider specializing in solutions with the impact that has clear strategic advantages for its clients. Savaco is active in the implementation and management of ICT infrastructures, supplying CAD & PLM software for product development, advising and implementing IoT technologies and providing productivity solutions. Savaco was founded in 1991 and is based in Kortrijk, Belgium.

Buy -