6 linked company profiles · 6 dated disclosures in this directory.
About this investor
EQT's selected investments here span veterinary services, medicines, metering, private schools, water and fibre infrastructure: IVC Evidensia, Dechra, Calisen, Nord Anglia, Yorkshire Water's parent Kelda and Zayo. [1][2][3][4][5][6]
These are selected investments, rather than a complete portfolio or legal parent register. A fund, its investors, an acquisition vehicle and the manager's own corporate ownership can be different relationships. Each card retains the date and individual or collective stake definition. An older fund's exit can accompany reinvestment by a newer EQT fund. Clinic ownership, veterinary medicines and a stake in a utility parent are distinct relationships. [1][2][4][5]
Each card names the entity invested in. Linked companies and brands can sit below that entity. Stakes use the source’s definition and date; disclosures are selected and do not give a complete portfolio or investor register. Read the investor methodology.
Disclosed holdings & backing
Fund investment
Calisen group
Joint majority with GIC; individual stake not supplied
Ownership evidence checked ·
EQT and GIC acquired a majority together, with Equitix retaining a minority. Lowri Beck adopted Calisen Metering names. Plug Me In solar is an operating service; the 2026 company statement says Plug Me In Limited and Plug Me In (Heat) Limited no longer contract new business. Older GIP ownership is superseded by the 2025 investment.
Calisen · Plug Me In Limited and Plug Me In (Heat) Limited no longer contract new business
Accessed 9 Oct 2026
Fund investment
Dechra Pharmaceuticals consortium investment
EQT X and co-investors; individual stake not supplied
Ownership evidence checked ·
Dechra confirms completion on 16 January 2024. EQT lists a consortium of co-investors; an exclusive 100% EQT corporate stake is not established. Producing veterinary medicines is distinct from owning IVC or Medivet clinics.
EQT VII and EQT IX investment; exact stake not supplied
Ownership evidence checked ·
EQT records entry in 2017. This is investment in the veterinary group; the ownership of an individual clinic and the full co-investor register require separate evidence. No exclusive 100% EQT stake is assigned.
EQT · Current portfolio: EQT VII and EQT IX; entry 2017
Accessed 9 Oct 2026
Equity ownership
Kelda Holdings Limited · Yorkshire Water parent
42% · stake in Kelda Holdings
Company results dated ·
The July 2026 results describe the EQT stake as taken. The earlier agreement envisaged GIC at 42% and TCorp at 16% after completion. The exact completion day and final individual percentages of other shareholders are not independently established here. The 42% concerns the parent, rather than direct sole ownership of the water operating company.
Yorkshire Water · 42% parent stake agreement; envisaged remaining GIC 42% and TCorp 16% after completion
Accessed 9 Oct 2026
Fund investment
Nord Anglia Education consortium investment
EQT-led consortium; individual stake not supplied
Acquisition completed ·
Completion on 20 March 2025 included EQT/BPEA Private Equity VIII, Neuberger Berman, CPP Investments, CF Alba, Dubai Holding and other investors. Exit by BPEA Private Equity VI was accompanied by reinvestment through VIII; it is not an exit by the whole EQT group.
Nord Anglia Education · Current UK school directory includes Oxford International College and d’Overbroeck’s
Accessed 9 Oct 2026
Fund investment
Zayo communications infrastructure group
EQT Infrastructure IV investment; exact stake not supplied
Ownership evidence checked ·
The current portfolio identifies EQT Infrastructure IV and entry in 2020. Exclusive ownership and an exact current equity percentage are not established.
EQT · Current portfolio: EQT Infrastructure IV; entry 2020; North America and Western Europe
Accessed 9 Oct 2026
Former holdings & portfolio changes
Calisen
EQT's current portfolio records entry in 2025 through EQT Active Core Infrastructure I. The majority investment is shared with GIC; older GIP ownership is superseded. [3][7]
Nord Anglia Education
The acquisition completed on 20 March 2025. BPEA Private Equity VI exited while BPEA Private Equity VIII reinvested; the whole EQT group did not exit. [4]
Kelda / Yorkshire Water
Yorkshire Water's July 2026 results describe a 42% EQT stake taken in parent Kelda Holdings. An exact completion day is not assigned here. [5]
Galderma
EQT's Q1 2026 announcement records its final exit from Galderma. It is not included as a current holding. [8]
About & portfolio changes: sources · 8
Research reviewed . Sources for individual investments are included on their disclosure cards.