EQT Group sells shares in ISS A/S
Investment firm EQT Group has sold its shares in the facility services company ISS A/S. The sale relates to previous holdings aimed at increasing the company's value.
Investment firm EQT Group has divested its shares in the Danish facility services company ISS A/S.
The sale concerns holdings managed by EQT's funds, according to the announcement. EQT's objective has been to enhance ISS's value through strategic investments. Previously, EQT held a significant stake in ISS and acted as an active owner, supporting the company's development.
EQT is a European investment firm focusing on mid-market buyouts and growth equity investments. The firm manages several private equity funds that invest across various sectors in the Nordics, Continental Europe, North America, and Asia.
ISS A/S is a global provider of facility services, offering a comprehensive range of solutions for commercial and public spaces. The company operates internationally, serving a diverse clientele.
The transaction took place in September 2014. Details regarding the specific terms or the volume of shares sold have not been publicly disclosed. EQT continues to pursue its investment strategy with other portfolio companies.