Deals

EQT Agrees $3 Billion Deal for Compliance Risk Firm Avetta

Deal values Avetta at about $3 billion including debt: sources
Private equity dealmaking slowly starting to recover in 2024

Data And Text On Computer Screens — Photographer: Bloomberg Creative Photos/Bloomberg Creative Collection

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By Ryan Gould

April 2, 2024 at 12:13 AM UTC

Updated on

April 2, 2024 at 1:17 PM UTC

This article is for subscribers only.

EQT AB has agreed to acquire compliance software provider Avetta LLC, as private equity firms begin to regain their appetite for multibillion-dollar transactions.

The Stockholm-headquartered investment firm is buying Avetta through its EQT X fund from Welsh Carson Anderson & Stowe, according to a statement on Tuesday that confirmed an earlier Bloomberg News report.