EQT Private Equity to sell Innovyze - Seite 2

Arvindh Kumar, Partner and Investment Advisor to EQT Private Equity, said: "Innovyze embodies a successful EQT investment: transforming a market leader in a thematic sub-sector, with a positive sustainability footprint, into a future-proofed platform well-positioned for continued success. We thank Colby, the management team and the advisors in the EQT Network for their strategic vision and incredible execution."

Colby Manwaring, Chief Executive Officer at Innovyze, said: "EQT has been a great partner and played a critical role in our journey by investing with a focus on the long-term potential for the business. We look forward to working with Autodesk to continue our successful growth and further our mission to empower water professionals around the world to design, manage, operate and maintain water infrastructure."

The transaction is subject to customary conditions and approvals and is expected to close in March or April 2021.

UBS Investment Bank acted as financial advisor and Sidley Austin LLP acted as legal advisor to EQT Private Equity and Innovyze.

Contact

US inquiries: Stephanie Greengarten, [phone], [e-mail]

International inquiries: EQT Press Office, [phone], [e-mail]

About EQT

EQT is a purpose-driven global investment organization with more than EUR 84 billion in raised capital and over EUR 52 billion in assets under management across 17 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com

Follow EQT on LinkedIn, Twitter, YouTube and Instagram

About Innovyze

Innovyze is a global leader in building innovative, industry-leading software for the water industry for over 35 years; serving thousands of clients including the largest utilities, ENR design firms, consultancies and refining plants around the world.

More info: www.Innovyze.com

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