EQT Private Equity will invest from EQT X, its flagship private equity fund, and EQT Future, according to a Wednesday statement that confirmed an earlier Bloomberg News report. AMCS’s co-founder, management and investors including Insight Partners and Clearlake Capital will retain minority stakes.
AMCS was founded in 2003 and is based in Ireland. It has more than 1,300 employees across Europe, North America and Australasia.
“AMCS is clearly positioned to be a long-term winner as the world shifts to a circular economy, and we look forward to supporting AMCS to help drive this trend and deliver on its growth ambitions,” Simon Griffiths, head of the EQT Future advisory team, said in the statement.
The transaction is expected to close before the first quarter in 2025, subject to approvals.
Source: BNN
Can’t stop reading? Read more
JPMorgan to arrange $6.5bn debt package for 3G Capital’s Skechers acquisition
JPMorgan to arrange $6.5bn debt package for 3G Capital’s Skechers acquisition JPMorgan is...
Ares targets $2bn+ for new Asia special situations fund amid regional credit expansion
Ares targets $2bn+ for new Asia special situations fund amid regional credit expansion Ares...
Partners Group and Sella launch Italy’s first evergreen private equity ELTIF fund for retail investors
Partners Group and Sella launch Italy’s first evergreen private equity ELTIF fund for retail...