M&A Deal Summary

EQT Acquires Verisure

On March 17, 2008, private equity firm EQT acquired safety/security company Verisure

Acquisition Highlights
  • This is EQT’s 2nd transaction in the Safety/Security sector.
  • This is EQT’s 1st transaction in Switzerland.
Investment Fate
  • Verisure was sold to a consortium of financial buyers in 2011 for 2.1B SEK.

M&A Deal Summary

Date 2008-03-17
Target Verisure
Sector Safety/Security
Buyer(s) EQT
Deal Type Going Private

Target

Verisure

Versoix, Switzerland
Verisure is a provider of monitored alarm and security services to residential homes and small businesses in Europe. Verisure serves subscribers across Europe, including Spain, Sweden, Norway and France, and Latin America. The Company ensures customer peace of mind by remotely monitoring properties 24 hours, 7 days a week and ensuring rapid response. Verisure was founded in 1988 and is based in Versoix, Switzerland.

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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 62 of 320
Sector: Safety/Security M&A 2 of 2
Type: Going Private M&A Deals 4 of 20
Country: Switzerland M&A 1 of 10
Year: 2008 M&A 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-17 Sausalitos Holding

Munich, Germany

Sausalitos Holding is a cocktail bar and restaurant chain based on a unique concept of innovative cocktails and high-quality Californian-Mexican cuisine served in a trendy and friendly atmosphere, catering more than 5 million customers every year. Sausalitos Holding was founded in 1994 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-21 TitanX Engine Cooling AB

Solvesborg, Sweden

TitanX Engine Cooling AB is a provider of powertrain cooling solutions for commercial vehicles and the company serves most of the western world’s OEMs, including Volvo Trucks, Scania, Daimler and Iveco.

Buy -