EQT VII SKr5.6 billion acquisition of 63% of IFS

Overview:

• EQT, via EQT VII, has acquired 63% of Industrial and Financial Systems (IFS) for SKR5.6 billion.
• EQT has acquired the shares at a price of SKr362.50 per share, giving it a market capitalisation of SKr9 billion
• IFS’s main shareholders included Förvaltnings, Gustaf Douglas, Catella Fondförvaltning, Lannebo Fonder, SEB, AP4, Anders Böös, Greenfield, Heinz Kopfinger, DNB, and others.
• IFS develops enterprise software for enterprise resource planning, enterprise asset management and enterprise service management.

Wai Yee Tsang - Journalist