EQT-backed Enity goes public on Nasdaq Stockholm

Whats Happening:

EQT's portfolio company Enity Holding AB (publ), the largest specialist mortgage provider in Sweden, Norway, and Finland, has successfully gone public on Nasdaq Stockholm. The offering was priced at SEK 57 per share and was oversubscribed more than ten times. The share price closed at SEK 71.88 on June 17, 2025, implying a market capitalization of SEK 3.6 billion. As part of the offering, EQT sold shares totaling approximately SEK 1.7 billion, resulting in gross proceeds of about SEK 1.2 billion for EQT.

Key Moves:

• Enity Holding AB begins trading on Nasdaq Stockholm

• Offering was oversubscribed more than ten times

• EQT sold shares totaling approximately SEK 1.7 billion

By The Numbers:

• Offering priced at SEK 57 per share

• Share price closed at SEK 71.88 on June 17, 2025

• Market capitalization of SEK 3.6 billion

Key Quotes:

• "The listing is a natural next step in Enity's journey and reflects the strength of its business model, technology platform, and its ability to continue creating long-term value through responsible growth and inclusive lending." - Vesa Koskinen, Partner in the EQT Private Equity advisory team

Bottom Line:

EQT's successful IPO of Enity Holding AB demonstrates the fund's ability to transform and grow businesses in the Nordic financial sector. The strong investor interest and oversubscription of the offering highlight the market's confidence in Enity's business model and growth potential. This exit represents a significant milestone for EQT and reinforces its track record in creating value through responsible growth and inclusive lending practices.

Read Full Article