EQT Partners is considering an initial public offering as the Swedish private equity firm looks for ways to strengthen its balance sheet, according to a person familiar with the matter.
The largest buyout firm in the Nordic region is also considering attracting an external investor as a part of a broader strategic review, said the person, asking not to be identified as the details aren’t public. EQT isn’t considering selling the entire business, the person said. The deliberations are at an early stage, and EQT won’t make a formal decision before the second half of 2019, the person said.