US EditionPE interest builds in €5bn sale of fund services group IQ-EQ - Private Equity Wire
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PE interest builds in €5bn sale of fund services group IQ-EQ - Private Equity Wire
Astorg’s portfolio company IQ-EQ is attracting preliminary interest from a number of global private equity firms, including Blackstone, Permira, Carlyle, EQT, and TPG, according to a report by Bloomberg citing sources familiar with the matter. Luxembourg-headquartered IQ-EQ, a fund administration and compliance specialist with over $750bn in assets under administration, could be valued at around €5bn ($5.9bn) in a potential sale. The formal auct…
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