EQT exits Hong Kong ESG business Elevate
EQT has sold Elevate, a Hong Kong-based environment, social, and governance (ESG) and supply chain services provider it has backed since 2016, to LRQA, a larger peer in the assurance space.
The size of the deal was not disclosed. EQT acquired a majority interest in the company through its global mid-market fund, which closed on EUR 1.05bn (USD 1.18bn) in 2013 and made investments in Europe...
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