EQT Obtains Ownership Interest in Exeter Property Group
EQT AB ownership interest in
Exeter Property Group from
TA Associates, a global growth private equity firm. The $1.87 billion sale was completed on April 1 after all necessary closing conditions were achieved. Upon closing, Exeter and EQT’s real estate businesses have combined as EQT Exeter. Exeter is a real estate investment management firm focused on acquiring, developing, leasing and managing industrial, office and related business park properties across the U.S. and Europe through an array of value-add and core return private equity investment vehicles.
“We chose to partner with TA because of the firm’s management-friendly approach and deep experience investing in the asset management sector,” said