M&A Deal Summary

EQT Acquires Tion Renewables

On March 27, 2023, private equity firm EQT acquired renewable energy company Tion Renewables for 150M EUR

Acquisition Highlights
  • This is EQT’s 7th transaction in the Renewable Energy sector.
  • This is EQT’s 45th largest (disclosed) transaction.
  • This is EQT’s 42nd transaction in Germany.

M&A Deal Summary

Date 2023-03-27
Target Tion Renewables
Sector Renewable Energy
Buyer(s) EQT
Deal Type Going Private
Deal Value 150M EUR

Target

Tion Renewables

Gruenwald, Germany
Tion Renewables is a renewable energy producer. It has a well-diversified portfolio of utility-scale solar, wind and battery storage assets across the European Union and the UK with a capacity of 167 MW as of 2022. Tion Renewables is based in Gruenwald, Germany.

Search 205,121 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

Stockholm, Sweden

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 281 of 317
Sector (Renewable Energy) 7 of 9
Type (Going Private) 17 of 23
Country (Germany) 42 of 44
Year (2023) 4 of 16
Size (of disclosed) 45 of 48
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-23 IntegrityNext

Munich, Germany

IntegrityNext provides a SaaS solution for customers to assess and monitor their supply chain for sustainability risk and compliance, an increasingly critical task to meet growing stakeholder demands and regulatory requirements. IntegrityNext was founded in 2016 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-28 GotPhoto

Berlin, Germany

GotPhoto is a vertical software platform helping photographers spend less time behind their desk and more time behind the lens. GotPhoto was founded in 2012 and is based in Berlin, Germany.

Buy -