Vinge has advised EQT in connection with the combination with Baring Private Equity Asia, a leading private markets investment firm in Asia with EUR 17.7bn of assets under management. The total consideration amounts to EUR 6.8bn.
Through the transaction, EQT will acquire 100 percent of the BPEA management company, the BPEA general partner entities which control the BPEA funds, and the right to carried interest in selected existing funds. The total consideration amounts to EUR 6.8bn, of which approximately EUR 5.3bn to be paid through the issue of 191.2 million new EQT ordinary shares (corresponding to a dilution of approximately 16%), plus EUR 1.5 billion in cash. The transaction is subject to customary closing conditions and the completion is expected to be carried out during the fourth quarter of 2022.
Vinge’s team mainly consists of Sofie Bjärtun, Erik Sjöman, Linnéa Sellström, Joel Magnusson, Lorin Arabi, Pernilla Björklund, Marcus Glader, Emma Johansson, Sebastian Örndahl, Jesper Ekman and Adam Löfquist.