EQT Mid Market Asia Acquires Majority Stake in Nexon Asia Pacific
July 31, 2019
EQT Mid Market Asia (EQT) has acquired a majority stake in Nexon Asia Pacific, an Australian cloud and managed IT services provider. The investment will support Nexon's growth plans, drive capability development, and enable the company to pursue further value-accretive acquisitions as a platform for consolidation in the fragmented Australian managed IT market.
- Buyers
- EQT Mid Market Asia (EQT Mid Market Asia III fund)
- Targets
- Nexon Asia Pacific Pty Limited
- Industry
- IT Services
- Location
- New South Wales, Australia
- Transaction Type
- Buyout
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