EQT has agreed to acquire US real estate investment manager Stockbridge, paying a base consideration of $375 million in cash at closing with an additional $175 million potentially payable by 2030 based on performance targets. Stockbridge manages around $16.5 billion in fee-generating assets and serves approximately 180 institutional clients across six US offices. The acquisition will integrate Stockbridge as a business line within EQT Real Estate, broadening client offerings with thematic strategies supported by specialist teams. The deal is expected to contribute $35 million–$45 million of fee-related EBITDA in 2027, growing at 15-20% annually.
In Spain, Buenavista Equity Partners has agreed to acquire a 71.2 percent stake in Tiryaq Medical Group, which operates two owned clinics in Madrid and manages trauma units across Madrid, Barcelona, and Málaga. The move highlights Spain as a bright spot for private equity activity this year, driven by talent influx and growing investor interest.
Both deals reflect ongoing consolidation trends in private capital, following EQT’s recent $3.2 billion combination with Coller Capital and its €6.8 billion tie-up with Baring Private Equity Asia in 2022. Industry leaders anticipate a handful of global leaders emerging alongside specialized players.
Source: PE Hub · Summarized by HeadlinesBriefing