#Sweden #EQT #Private Equity #Stockholm #Coller Capital

EQT and Coller Capital Forming a Strategic Partnership

EQT AB, a prominent player in private equity, has recently announced its agreement to acquire Coller Capital, a leading firm in the secondaries market known for managing almost USD 50 billion in total assets. This strategic move is pivotal as it signifies EQT’s ambition to solidify its standing in the private markets, especially in the secondaries sector which is poised for significant growth in the coming years.

Coller Capital, founded in 1990, has established itself as a major entity in the secondaries space, providing innovative liquidity solutions to both general and limited partners. With a robust global presence and a dedicated team of around 330 professionals, Coller is well-equipped to navigate the evolving landscape of private equity. The integration of Coller into EQT's operations will enhance their service offerings, allowing both firms to leverage their collective strengths to meet client needs efficiently and effectively.

The Rationale Behind the Acquisition

The growth of the secondaries market, which achieved a remarkable 41% increase in 2025, underscores the necessity for strategic liquidity tools and long-term ownership models. Investors are increasingly leaning towards firms that can provide diverse solutions across various asset classes, which makes the collaboration between EQT and Coller Capital a strategic necessity. This merger is expected to create a comprehensive platform that will cater to institutional clients, wealth management, and insurance-related investments.

Furthermore, the alliance will enable EQT to expand its global footprint, especially in underpenetrated Asian markets. With a concerted effort to enhance client relations and service delivery, the partnership will build a bridge between Coller’s established secondaries expertise and EQT’s extensive multi-strategy capabilities. Together, they aim to foster innovation, particularly in leveraging data analytics and digital solutions to create client-centric products.

Financial Details and Strategic Integration

The base transaction value is set at approximately USD 3.2 billion, which EQT plans to fund through the issuance of new ordinary shares. Additionally, up to USD 500 million in contingent consideration will be available based on Coller’s performance over the coming years. This structured approach assures alignment between the two entities and encourages a growth-oriented culture.

Under the new structure, Coller Capital will operate as 'Coller EQT', a distinctive segment within the EQT umbrella. Jeremy Coller, the head of Coller Capital, will lead this segment, ensuring that the investment process remains independent while benefiting from EQT's extensive governance and resources. This unique model retains Coller’s operational integrity and respects its established relationships, all while scaling its growth potential.

Future Outlook and Market Impact

Market analysts anticipate that the secondary market will more than double in size by 2030, presenting a fertile ground for EQT and Coller Capital. With an increasingly sophisticated appetite for investment avenues, driven by changing dynamics in capital allocation, the merger positions both firms favorably to capture emerging opportunities.

As EQT and Coller integrate their operations, the focus will remain on delivering excellent investment performance across private equity, infrastructure, real estate, and now, secondary investments. This merger is set to enhance the capabilities of both firms significantly, enabling them to approach the market as a giant, well-rounded brand capable of addressing the full spectrum of client needs.

In conclusion, the union of EQT and Coller Capital not only represents a formidable combination in the private equity landscape but also paves the way for revolutionary advancements in the secondary market, reinforcing the commitment of both firms to client-driven solutions and exceptional market performance.