M&A Deal Summary

EQT Acquires Metlifecare

On October 2, 2020, private equity firm EQT acquired healthcare services company Metlifecare for 1.3B NZD

Acquisition Highlights
  • This is EQT’s 12th transaction in the Healthcare Services sector.
  • This is EQT’s 31st largest (disclosed) transaction.
  • This is EQT’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2020-10-02
Target Metlifecare
Sector Healthcare Services
Buyer(s) EQT
Deal Type Going Private
Deal Value 1.3B NZD

Target

Metlifecare

Auckland, New Zealand
Metlifecare manages retirement villages that provide accommodation and care for the aged people. Metlifecare was founded in 1984 and is based in Auckland, New Zealand.

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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 235 of 315
Sector (Healthcare Services) 12 of 14
Type (Going Private) 12 of 23
Country (New Zealand) 1 of 1
Year (2020) 13 of 19
Size (of disclosed) 31 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-26 Oterra

Hoersholm, Denmark

Oterra is the largest global provider of naturally sourced colors for the food, beverage, dietary supplements, and pet food industry. Oterra was founded in 2020 and is based in Hoersholm, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-16 inexio

Saarlouis, Germany

inexio is a fast-growing provider of fiber optic internet connections for retail and business customers in Germany. In the retail customer segment, growth is driven by rising data volumes and the growing use of video streaming, whilst in the business segment, fiber optic connections for small and medium-sized businesses are the key driver of growth. inexio is based in Saarlouis, Germany.

Sell -
Mergr

Product

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