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[BUSINESS] · Australia, Malaysia · 2 sources

EQT completes Quantios sale and drives Perpetual takeover bid

Private equity firm EQT announced the sale of its stake in Quantios, a SaaS provider for trust and corporate services, to Vista Equity Partners. The deal, subject to customary approvals, is expected to close in Q3 2026 after EQT helped expand Quantios’ cloud platform and AI capabilities.

Separately, EQT has made a series of increasingly higher takeover proposals for Australian financial services group Perpetual, valuing the company at up to $2.65 billion. Perpetual’s board has rejected the latest offer, citing concerns over its terms, but has allowed EQT access to limited non‑public information to enable a revised proposal. The transaction remains subject to regulatory approvals and is expected to complete in the final quarter of 2026.

Entities: EQT · Nicholas Macksey · Perpetual Ltd · Quantios · Vista Equity Partners