EQT Mid Market acquires StormGeo, a global provider of weather-based decision support services - Seite 2

safety and environmental requirements as well as operators focus on
operational efficiency.

"We are honored to welcome EQT as new majority shareholder of StormGeo and
at the same time expand our current strategic partnership with DNV GL.
StormGeo provides its services to very capital intensive industries across
the globe, and EQT's strong track record and longstanding experience in
taking mid-sized companies to the next level will help us meet future
customer demand. The offshore Oil&Gas and maritime industries are at the
cusp of a technological transformation driven by easier access to bandwidth
and big data. With our current risk avoidance systems and focus on
efficiency, we are very well positioned to benefit from an increased focus
on reducing fuel consumption and emission levels and improving onboard
safety," says Erik Langaker, Chairman of StormGeo.

"We are deeply impressed by the quality and entrepreneurial mindset of
StormGeo's employees. They have managed to build a strong business on
reducing the shipping industries carbon footprint and improving health and
safety for the personnel onboard oil rigs. We can only expect the global
demand for sustainability and risk management services to increase going
forward. We look forward to embarking on a journey to realise the full
potential of StormGeo together with management," says Jannik Kruse
Petersen, Partner at EQT Partners, investment advisor to EQT Mid Market.

The parties have agreed not to disclose the transaction value. The
transaction is expected to be completed during Q2 2014.

Contacts
Jannik Kruse Petersen, Partner at EQT Partners, investment advisor to EQT
Mid Market
[phone]

EQT Press Department
[phone]

About EQT
EQT is the leading private equity group in Northern Europe, with portfolio
companies in Northern and Eastern Europe, Asia and the US with total sales
of more than EUR 25 billion and over 550,000 employees. EQT works with
portfolio companies to achieve sustainable growth, operational excellence
and market leadership.

For further information please visit www.eqt.se

About StormGeo
Since inception 1997 StormGeo has developed into a global contributor of
support systems and risk predictions within the meteorological and
associated sectors. StormGeo holds a global no 1 position in the offshore
and marine segment, and also provides services to sectors such as onshore
Oil&Gas, renewable energy, media and aviation. StormGeo has 22 offices in
14 Countries and serve customers with operational 24/7 service centres in
all major time zones

For further information please visit www.stormgeo.com

About DNV GL
Driven by its purpose of safeguarding life, property and the environment,
DNV GL enables customers to advance the safety and sustainability of their
business. DNV GL provides classification and technical assurance along with
software and independent expert advisory services to the maritime, Oil&Gas
and energy industries. It also provides certification services to customers
across a wide range of industries. Combining leading technical and
operational expertise, risk methodology and in-depth industry knowledge,
DNV GL empowers its customers' decisions and actions with trust and
confidence. The company continuously invests in research and collaborative
innovation to provide customers and society with operational and
technological foresight. Established in 1864, DNV GL operates globally in
more than 100 countries with over 16,000 professionals dedicated to helping
their customers make the world safer, smarter and greener.

For further information please visit www.dnvgl.com


End of Media Release

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Issuer: EQT Partners AB
Key word(s): Enterprise

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