EQT to Buy Supply Chain Risk Management Software Provider Avetta
By Dominic Chopping
STOCKHOLM--EQT agreed to buy supply chain risk management software provider Avetta from U.S. private equity firm Welsh, Carson, Anderson & Stowe.
The Swedish private-equity company said Avetta's platform allows clients to manage supply chain risks across health, safety, security, performance and sustainability. With 12 global offices and more than 750 employees, Avetta's network spans over 130 countries.
With this transaction, the EQT X fund is expected to be 35%-40% invested based on the fund size and subject to regulatory approvals, it added.
Completion is expected in the coming months.
Financial terms weren't disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
April 02, 2024 07:11 ET (11:11 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
After Earnings, Is Albemarle Stock a Buy, a Sell, or Fairly Valued?
-
Is ServiceNow Stock a Buy After Earnings and Its Investor Day?
-
3 Stocks to Buy and 3 Stocks to Sell After Earnings
-
Markets Brief: Is It Really a Surprising Quarter for Earnings?
-
After Earnings, Is Berkshire Hathaway Stock a Buy, a Sell, or Fairly Valued?
-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Occidental Earnings: CrownRock Transaction Should Still Close, but Not Until the Third Quarter
-
After Earnings, Is Apple Stock a Buy, a Sell, or Fairly Valued?
-
Uber Earnings: Network Effect Continues to Drive Profitable Growth for Uber
-
Undervalued by 28%, This Stock Is a Buy for Patient Investors
-
10 Best Growth Stocks to Buy for the Long Term
-
The Best Technology Stocks to Buy
-
After Earnings, Is Coke Stock a Buy, a Sell, or Fairly Valued?
-
Disney Earnings: Improved Streaming Results Come at the Expense of Continued Linear Weakness