Eqt To Acquire Australia’S Icon Group From Goldman, Qic, Others
11/23/21, 5:37 AM
Global investment firm EQT has agreed to acquire Icon Group, Australia’s largest vertically integrated cancer-care provider, from a consortium that includes Goldman Sachs Asset Management, QIC Private Capital, and Pagoda Investment Advisors.
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The firm has made more than 40 investments in the sector over the past two decades, with around 20 investments during the past five years. In a statement, EQT said the acquisition will be made through EQT Infrastructure V fund, which held its final close at €15.7 billion ($17.8 billion) early this month. EQT said the healthcare sector is aligned with its investment approach.