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Truecaller enters into an agreement to acquire US-based TextPlus Inc.

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STOCKHOLM, July 17, 2026 /PRNewswire/ — Truecaller AB (publ) (“Truecaller” or the “Company”) has today entered into an agreement to acquire 100% of the shares in TextPlus Inc. (“TextPlus”) (the “Acquisition”). TextPlus is a US-based communications software company offering a flexible and cost-effective alternative to traditional wireless carriers. The Acquisition increases Truecaller’s footprint in the US and brings the Company closer to a comprehensive communications platform by broadening its capabilities with complementary offerings such as second numbers and internet-based calling, commonly known as VoIP. The purchase price corresponds to a valuation of USD 15.0 million on a cash and debt free basis. The Acquisition will be financed with own funds.

Truecaller’s CEO, Rishit Jhunjhunwala, comments:

“Scott and the rest of the TextPlus team have built a service that helps people communicate far better than they used to. This philosophy is exactly in-line with Truecaller. We’re very excited to join forces and power communication services in a safe and trusted manner. The culture of the team, the financial discipline and the impressive tech, all align with Truecaller and we’re confident that we will together be able to grow this business to much greater heights. Truecaller and TextPlus both have changed how mobile communication takes place and it’s only natural that we come together.”

About TextPlus

Founded in 2009, TextPlus is a US-based communications technology company providing cloud-based voice, messaging and connectivity services through its proprietary mobile platform. TextPlus enables users to make VoIP calls, send and receive SMS messages and access mobile communication services over data networks, offering a flexible and cost-effective alternative to traditional wireless carriers. TextPlus has built a large and diversified user base of approximately 1.5 million monthly active users serving consumers seeking affordable, app-based communication solutions. The platform provides users with dedicated phone numbers and supports both domestic and international communications, leveraging a scalable cloud infrastructure designed to deliver reliable and high-quality connectivity. For the twelve-month period ending May 2026, adjusted net revenue amounted to USD 5.2 million, representing a compound annual growth rate (CAGR) of approximately 45% since 2023, with good profitability. TextPlus is headquartered in Los Angeles and has a total headcount of 14.

TextPlus’ CEO and Founder, Scott Lahman, comments:

“Telecom only works when people can trust it. Truecaller and TextPlus share a commitment to safer, more trusted communication, and we’re excited about the opportunity to help restore trust in every connection.”

Strategic rationale

For Truecaller the Acquisition unlocks further US expansion potential, through TextPlus’s US footprint. The Acquisition leverages the strengths of both Truecaller and TextPlus by enabling cross-selling across key markets, facilitating knowledge sharing between Android- and iOS-focused platforms, and expanding proven technologies into new regions. It also aims to optimize user acquisition and introduce new use cases like business focused number solutions, driving growth and value across the ecosystem. Truecaller gains product and market insights as well as a complementary user base, while TextPlus strengthens its position to become a consumer telco and MVNO replacement product in the US market. Acquiring TextPlus brings Truecaller closer to a comprehensive communications platform by broadening its capabilities with complementary offerings such as second numbers and VoIP.

TextPlus brings a lean and experienced team that has been building and refining the operations for over a decade. Both Truecaller and TextPlus share a strong product-centric culture and a clear ambition to drive sustainable, profitable growth.

The Acquisition and financing

The purchase price for 100% of the shares in TextPlus amounts to USD 15.0 million on a cash and debt free basis and will be financed with own funds.

The Acquisition is subject to customary regulatory approvals and closing conditions and is expected to be completed during Q3 2026.

Advisers

DNB Carnegie Investment Bank AB is acting as financial advisor, Squire Patton Boggs (US) LLP as legal advisor, and KPMG as financial and tax due diligence advisor in relation to the Acquisition for Truecaller.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP is acting as legal advisor to Textplus and The Raine Group is serving as exclusive financial advisor to TextPlus.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

This information is information that Truecaller is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.

About Truecaller: 

Truecaller (TRUE B) is the leading global platform for safe and trusted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 500 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/truecaller-ab/r/truecaller-enters-into-an-agreement-to-acquire-us-based-textplus-inc-,c4375602

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Truecaller – Pressrelease TextPlus 260716

 

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Driving the Agentic AI Era: MiTAC Computing Showcases Comprehensive AI Infrastructure at WAIC

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SHANGHAI, July 17, 2026 /PRNewswire/ — MiTAC Computing Technology Corporation, a global leader in high-performance and energy-efficient server solutions, and a subsidiary of MiTAC Holdings Corporation (TWSE:3706), officially showcased today at the World Artificial Intelligence Conference (WAIC) 2026, under the core theme “Liquid Cooling. Infinite Compute. Sustainable Future,” MiTAC Computing is presenting its comprehensive server portfolio and ultra-high-density liquid-cooled rack solutions at booth H2-C1327.

Four Air/Liquid-Cooled Racks Supporting Diverse Computing Needs

To address the enterprise shift from Generative AI to Agentic AI, MiTAC Computing introduced four rack-scale solutions featuring air and liquid cooling, high performance computing power, and high-density storage, demonstrating its full-stack rack delivery and ecosystem integration:

52U High-Density AI Liquid-Cooled Rack

Integrates 12 G4826Z5 liquid-cooled AI servers, packing up to 96 AMD Instinct™ MI355X GPUs and dual AMD EPYC™ processors. This 52U high density rack configuration boosts GPU density by 50% compared to standard 48U racks. Equipped with advanced cold plates and CDU, it scales extreme compute vertically while reducing power consumption from fans and air conditioning to optimize PUE.

G8825Z5 AI GPU Air-Cooled Rack

Tailored for AI training and inference, this full rack houses 4 G8825Z5 units, hardware-configured with up to 32 AMD Instinct™ MI350X GPUs, delivering high-density computing power.

OCP ORv3 Standard Liquid-Cooled Rack

C2811Z5 system complies with OCP ORv3 standards, designed for standardized internet data centers, hyperscale public clouds, and HPC applications. Its modularized power, networking, and thermal designs maximize deployment flexibility and reduce maintenance costs.

TS70A-B8056 High-Density Storage Rack Integrated with DDN Solution

Engineered for massive data storage capacities, this rack integrates the DDN Infinia Intelligent AI Data Platform. The hardware-software synergy eliminates end-to-end data bottlenecks, maximizing compute efficiency while accelerating model inference, RAG, and agentic AI workflows.

Advanced Server Platforms | Powering Diversified AI Infrastructure and Enterprise Workloads

Beyond rack-scale solutions, MiTAC Computing highlights a robust server portfolio meticulously engineered for GPU acceleration, multi-node OCP architectures, and high-density data infrastructure. These high-performance platforms deliver the ultimate capability required to fuel next-generation data centers.

G4520G6 AI PCIe GPU Server

Powered by the Intel® Xeon® 6 processors and supporting up to 8,192GB of DDR5-6400 memory and 8 dual-slot GPUs. Combined with PCIe 5.0 connectivity, extreme thermal management, and a 9,600W Titanium redundant power supply. This model offers superior performance-per-watt for cloud and HPC workloads, enabling scalable performance for generative AI, analytics, and enterprise applications.

C2811Z5 Multi-node OCP Liquid-Cooled Server

Built on AMD EPYC™ 9005 series processors, C2811Z5 is designed for maximum energy efficiency and sustained high-performance computing. Each node supports up to 12 DDR5-6400 memory slots, featuring NVMe E1.S interfaces and NVMe SSDs. This platform is purpose-built for intensive HPC scenarios, including scientific simulations, engineering design, and weather modeling.

R2520G6 Enterprise Server

A 2U dual-socket server optimized for storage density, supporting 32 hot-swappable NVMe E3.S drive bays. With PCIe Gen5 bandwidth and 1+1 redundant 2,000W power supplies. This optimized configuration provides the perfect balance of massive data retention and high-speed throughput, ensuring peak efficiency for AI data preprocessing, big data analytics, and enterprise-scale workloads.

Discover our complete lineup, featuring our latest high-reliability, server-grade motherboards. We cordially invite you to visit Booth H2-C1327 in Hall 2 at the Shanghai World Expo Exhibition and Convention Center to experience our sustainable, high-efficiency AI infrastructure firsthand.

About MiTAC Computing

MiTAC Computing delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methodologies to ensure uncompromising quality—across barebones, systems, racks, and cluster levels—achieving performance and integration. This commitment to quality at every level sets MiTAC Computing apart.

With a worldwide presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing provides agile, customized platforms for hyperscale data centers, HPC, and AI applications, ensuring optimal performance and scalability to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, and unifying the MiTAC brand with Intel DSG and TYAN server products, MiTAC Computing stands out for its innovative, efficient, and reliable server technology and its hardware and software integrated solutions—empowering businesses to meet future challenges

Website: https://www.mitaccomputing.com/

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Masterpieces at Their Peak: The World’s Largest Exhibition on the Ancient Civilizations of the Americas Opens at the Shanghai Museum

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SHANGHAI, July 17, 2026 /PRNewswire/ — The Shanghai Museum’s “On Top of the World Tree: Ancient Civilizations of the Americas” is now officially open to the public. As the largest exhibition ever dedicated to the ancient civilizations of the Americas, it brings together 1,129 groups of objects, nearly 3,000 pieces, from leading museums and cultural institutions in Mexico, Peru, and China. Jointly organized by the Shanghai Museum, Secretariat of Culture of the Government of Mexico’s, INAH, and Ministry of Culture of Peru, the exhibition is structured around the World Tree, the central cosmological concept shared across many ancient American civilizations. Spanning nearly three millennia of history, it presents a comprehensive survey of the civilizations of the ancient Americas. Exceptional works from museum collections across seven provinces in China also join these remarkable treasures from the Americas.

During the exhibition, the Shanghai Museum on People’s Square is transformed beneath the symbolic canopy of the World Tree into an immersive environment inspired by the ancient Americas. Drawing on visual motifs including maize, jaguars, feathered serpents, and pyramids, the museum becomes a cultural landscape that evokes the civilizations on display. Occupying over 7,000m2 of gallery space, the exhibition moves beyond a conventional chronological presentation by placing objects within their historical and cultural contexts to reveal the connections between different civilizations. High-fidelity reconstructions are combined with multimedia installations to create immersive experiences, including multimedia projections, immersive environments, and participatory installations inspired by ritual practice, sacred architecture, mythology, and a ceremonial ballgame. Together, these installations present both the engineering achievements and spiritual worlds of ancient Mesoamerican civilizations, translating the concept of a “vertical cosmos” into an immersive spatial experience where archaeology and mythology converge.

Extending beyond the galleries, the exhibition unfolds across 10,000m2 of immersive experiences, offering visitors far more than a visual spectacle. This journey through ancient civilizations engages all the senses. From the maize field outside People’s Square to the towering World Tree rising through the Museum’s central atrium, visitors are gradually immersed in the world of the ancient Americas as they move from outdoors to indoors. Sight, smell, and taste all become part of the experience. The Shanghai Museum also introduces an integrated cultural experience combining special exhibitions, cultural products, dining, social activities, and live performances, allowing every visitor to discover the way of experiencing the exhibition that appeals to them most.

The Shanghai Museum has partnered with institutions including Shanghai Zoo, Shanghai Expo Culture Park, and Chenshan National Botanical Garden to launch an integrated, multi-dimensional curatorial approach encompassing the interplay of “antiquities, historical figures, animals, plants and foods” in a citywide collaborative program inspired by the concept of the World Tree. Through these cross-institutional partnerships, the exhibition extends beyond the Museum to create a multidimensional cultural experience across Shanghai. The Shanghai Museum has also established a comprehensive “land–sea–air” model, featuring cross-sector ticket packages to enhance accessibility and audience engagement. Beyond the Museum, themed immersive consumption spaces have been created, fostering deeper integration between the exhibition and urban life. To accompany the exhibition, the Shanghai Museum will introduce over 3,000 exhibition-inspired cultural products, alongside Museum Nights, multifunctional leisure spaces, immersive VR experiences, dedicated dining and relaxation areas, and a wide range of educational programs and interpretive resources. During the exhibition period, themed metro trains, buses, sightseeing coaches, and Huangpu River cruises will further extend the exhibition’s presence throughout the city, bringing the atmosphere of the ancient civilizations of the Americas to Shanghai.

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SOURCE Shanghai Museum

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EQT AB (publ) Half-year Report 2026

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STOCKHOLM, July 17, 2026 /PRNewswire/ —

Strong progress and performance in H1

“In a volatile environment we were able to unlock attractive primary deals and make strong progress on our value creation agenda. At the same time, we stayed disciplined driving realisations and sent back close to €17 billion to fund and co-investors, further building on a record year of exits in 2025. We expanded and strengthened our client offering and are currently in the market with over 20 funds; interest from private market investors and distribution partners in EQT products remains high. Thanks to very strong fundraising momentum and value creation during the quarter, our recently launched AI Infrastructure fund reached more than $9 billion in NAV in less than three months post launch. Our evergreen platform reached €10 billion in net asset value1 and the Scaleup Europe Fund is off to a very promising start. The combination with Coller Capital is on track to close in Q3 and will further strengthen EQT’s client relationships. Going forward, in an environment that is likely to remain challenging, EQT is exceptionally well positioned to deliver for clients and take market share.”

Per Franzén,
CEO and Managing Partner

1. Including Coller Capital. The transaction is subject to customary closing conditions, including regulatory approvals and certain Coller Capital fund investor consent approvals

Highlights for the period Jan-Jun 2026 (Jan-Jun 2025)

Strategic highlights

On 22 January 2026, EQT signed an agreement to acquire Coller Capital, a leading global secondaries firm with fee-generating AUM of €31bn1. The transaction is expected to close mid to late Q3 20262BPEA IX had its final close at $15.6bn, EQT Infrastructure VII set its target fund size at €21bn, and EQT XI secured commitments of half of the target fund size EQT launched its AI Infrastructure strategy with FAUM of $9.4bn, paced by strong fundraising and value creationEQT was selected for the Scaleup Europe Fund mandate by the European CommissionIn the last six months, EQT has added four new strategies with expected FAUM of more than €5bn each (the AI Infrastructure fund, Scaleup Europe Fund, EQT Exeter US Industrial Value VII, and Coller International Partners IX2), and is currently in active fundraising for more than 20 fundsEQT launched two new evergreen vehicles for Private Wealth, and reached €10bn in NAV across the evergreen products (including Coller Capital2)

1. Estimated as of 30 June 2026, translated to EUR from USD based on 0.88 rate
2. The transaction is subject to customary closing conditions, including regulatory approvals and certain Coller Capital fund investor consent approvals

Key financials

Adjusted Financials – Alternative Performance Measures1

Total Revenue amounted to €‌1,407‌m (€‌‌1,340‌m), an increase of ‌5%‌       Fee-related revenue decreased by 1% to €‌‌‌1,141‌m (€‌‌1,149‌m), of which retroactive fees were €28m (€96m). The decrease was mainly due to higher retroactive fees in H1 2025 as well as strong exit activity in earlier fund generations where the funds charge fees on invested capital. The fee-related revenue growth, adjusted for retroactive fees, was 5%Carried interest and Investment income amounted to €‌‌266‌m (€‌191‌m), of which Carried interest was primarily driven by Private Capital funds and Investment income was primarily driven by valuation uplifts in EQT’s financial investmentsOperating expenses amounted to €‌‌‌‌570‌m (€‌‌‌534‌m), an increase of ‌‌‌7%‌EBITDA amounted to €‌‌837‌m (€‌‌‌806‌m), corresponding to an EBITDA margin of ‌‌60%‌ (‌‌60%‌)Fee-related EBITDA amounted to €‌571‌m (€‌‌‌‌‌615‌m), corresponding to a Fee-related EBITDA margin of ‌‌‌‌50%‌ (‌‌‌‌54%‌). The decline is mainly related to the higher relative retroactive fees in H1 2025Net Income amounted to €‌‌‌691‌m (€‌‌‌‌682‌m). Net Income excluding Carried interest and Investment income amounted to €‌‌‌426‌m (€‌‌‌491‌m) Earnings Per Share before and after dilution amounted to €‌‌0.590‌ (€‌‌‌‌0.578‌) and €‌‌‌0.590‌ (€‌‌‌0.578), respectively

Reported Financials – IFRS

Total Revenue amounted to €‌1,610‌m (€1,273‌m), an increase of 26%     Fee-related revenue amounted to €‌‌1,148‌m (€‌1,149‌m). The decrease is mainly due to higher retroactive fees in H1 2025, as well as strong exit activity in earlier fund generations where the funds charge fees on invested capitalCarried interest and Investment income amounted to €‌‌‌‌‌‌462‌m (€‌‌‌‌‌124‌m), reflecting a higher net change in fair value compared to H1 2025Operating expenses amounted to €‌‌‌‌‌648‌m (€‌‌‌‌632‌m)EBITDA amounted to €‌‌‌‌‌962‌m (€‌‌‌‌640‌m), corresponding to an EBITDA margin of ‌‌‌‌60%‌ (‌‌‌50%‌)Net Income amounted to €‌‌‌‌‌663‌m (€‌‌‌‌346‌m)Earnings Per Share before and after dilution amounted to €‌‌‌‌0.566‌ (€‌‌‌0.293‌) and €‌‌‌‌0.566‌ (€‌‌‌0.293), respectively

1. Adjusted Financials, which are alternative performance metrics for the EQT AB Group. For a full reconciliation, please refer to section “Alternative performance measures”

Balance sheet, realization of carried interest, and liquidity

Net cash flow from fee-related operating activities amounted to €251m (€274m) during the period

Financial investments including carried interest1

Financial investments including carried interest measured at fair value in the balance sheet amounted to €‌5,629‌m (€‌‌‌5,172‌m2) at the end of the period, of which strategic balance sheet investments and long-term fund investments was €‌‌2,835‌m (€‌‌2,276‌m2) and carried interest was €‌2,794‌m (€‌‌‌‌2,897‌m2)      During H1 2026, EQT invested €‌‌‌770‌m (€‌‌‌828‌m) to support strategic growth initiatives, such as recently launched and upcoming strategies and evergreen vehicles. Long-term fund investments amounted to €‌‌23‌m (€‌‌‌110‌m). Repayments of financial investments amounted to €‌‌482‌m (€‌‌92‌m)Realized (cash) carried interest amounted to €‌404‌m (€‌‌‌‌‌60‌m). Adjusted and reported carried interest amounted to €‌‌‌‌54‌m (€‌‌‌‌154‌m) and €‌‌‌250‌m (€‌‌‌‌86‌m), respectively

Funding

Interest bearing liabilities amounted to €2,439m (€2,427m)3        EQT’s revolving credit facility of €1.5bn remained undrawnCash and cash equivalents amounted to €‌‌843‌m (€‌‌‌‌979‌m2). Net debt (ND) amounted to €‌‌‌1,596‌m, equivalent to a ND/Adjusted EBITDA of ‌‌‌1.0x‌ and ND/Adjusted Fee-related EBITDA of ‌‌1.4x‌4

Distributions to shareholders

EQT distributed €‌‌‌351‌m (€‌‌358‌m) to its shareholders, of which €‌‌269‌m (€‌231‌m) in dividends and €‌‌‌‌‌‌82‌m (€‌‌‌‌‌127‌m) through 3.0m shares (4.9m shares) via share buybacksThe Annual Shareholders’ Meeting 2026 approved the Board’s dividend proposal of SEK 5.00 per share, to be paid in two installments: SEK 2.50 was paid in May 2026, and SEK 2.50 is to be paid in December 2026EQT executed a share buyback program to offset the potential dilution impact from shares delivered to EQT’s employees under its Share and Option incentive programs. A further buyback program comprising up to 4.4m shares will be carried out between 20 July and 4 September 2026

1. See note 3 for additional details
2. 31 December 2025
3. Nominal amount. 31 December 2025
4. Net debt end of period divided by Adjusted EBITDA or Fee-related EBITDA during the last twelve months

Fundraising

Gross inflows amounted to €‌17.8‌bn. FAUM amounted to €‌‌155‌bn (€‌141‌bn) and Total AUM was €‌‌‌291‌bn (€‌‌266‌bn)

Key funds

Gross inflows to Key funds amounted to €4.8bn, primarily related to BPEA IX and Infrastructure IV and VBPEA IX closed at $15.6bn in total commitments, reaching the hard cap and raising €13.1bn in FAUM. The fund size represents a near 40% increase on the predecessor fund. BPEA IX is the largest Asia Pacific-dedicated private equity fund raised to date1EQT XI secured commitments of half of the target fund size. The fund is expected to be activated towards the end of Q3 and will not contribute to FAUM until activation2EQT set the target fund size for EQT Infrastructure VII at €21bn, corresponding to approximately $24.5bn. The fund is expected to be activated around year-end2

Other strategies

Gross inflows to Other strategies amounted to €11.6bn EQT introduced its AI Infrastructure strategy, fully seeded by the EQT Infrastructure portfolio company EdgeConneX through the acquisition of a minority stake from EQT Infrastructure IV and V. The fund charges fees on NAV. At the end of the period, FAUM amounted to $9.4bn, driven by primary and secondary capital raised as well as value appreciationEQT’s open-ended Active Core Infrastructure strategy closed its first investment. The fund will be activated in Q3 and will charge fees on NAVEQT was selected for the Scaleup Europe Fund mandate by the European Commission. The fund has a target size of €5bn and is expected to be activated in Q3, with fundraising continuing into 2027

Evergreens

Net inflows to evergreens amounted to €1.8bn. Redemptions corresponded to around 0.5% of NAV per quarter. NAV amounted to €5.6bn, and including Coller Capital to approximately €10bnIncremental FAUM related to evergreens3 increased by €1.5bn and amounted to €3.2bn at the end of the period

1. Source: Preqin, April 2026
2. EQT XI and EQT Infrastructure VII will only contribute to gross inflows upon activation
3. Note that only co-investments and NAV appreciation are incremental to EQT AB’s FAUM related to evergreens, as fund-of-fund investments is already accounted for in the underlying funds

Investment activity

EQT announced gross fund investments of €‌19‌bn, delivering attractive deal flow across strategies, thematics and geographies. In addition, EQT provided co-investment opportunities of €9bn for its clientsEQT Infrastructure announced the public tender offer of clean energy platform AES in North America, the acquisition of waste management provider Urbaser in Europe (Infrastructure VI) and the investment in UK-based provider of critical water and wastewater services Kelda (EQT Active Core Infrastructure)EQT Private Capital announced the public tender offer of UK-based product testing firm Intertek, and entered an agreement to acquire satellite company Exolaunch (EQT X)

Exit activity

EQT announced total gross fund exits of €‌7‌bn, primarily driven by public market exits. In addition, EQT realized €9bn for its co-investors. During the last twelve months, EQT sent back close to €30bn1 in total realizations to clients, building on EQT’s record year of exits in 2025 Announced exits include the public sell-downs in Galderma and Azelis (EQT VIII), Enity (EQT VII) and Beijer Ref (EQT IX), the minority stake sales in Nordic Ferry Infrastructure (EQT Infrastructure V) and EdgeConneX (EQT Infrastructure IV and V) and the full exit of Tubulis (LSP 7). In addition, EQT created a multi-asset continuation vehicle of a pool of well-performing early-stage assets (Ventures I), providing liquidity to clientsEQT’s final sell-down in Galderma represented the largest sponsor-backed block trade to date. In total, EQT generated $20bn of capital gains for its funds and co-investors – the largest capital gain outcome from a single fund in the history of private equity

1. Fund exits and realizations for co-investors

Investment performance

Key fund valuations increased by 5%. All Key funds continue to perform On or Above planDouble digit value uplift in Infrastructure was led by strong underlying performance in the Digital and Energy sub sectors, as portfolio companies continue to secure new contract capacity and grow run-rate EBITDAOver the last 12 months, profitability accelerated across the Private Capital portfolio, with 14% EBITDA growth in Private Capital Europe & North America. EQT X saw mid single digit value creation in H1, primarily due to strong operating performance, with a weighted average EBITDA growth of 24% over the last 12 months. In EQT IX, lower valuation multiples offset generally strong operating performance. Across Private Capital Asia, operating performance was broadly positive which, combined with stable valuation references, supported largely positive value creation

People

The number of full-time equivalent employees (FTE) amounted to ‌1,895‌ (‌‌1,908‌) at the end of the period. EQT will continue to invest into future growth areas, including Asia and the U.S., AI capabilities, private wealth, and secondaries and solutionsBert Janssens, Co-Head of EQT Private Capital Europe & North America, was named Chair of the newly-created Private Capital Management Committee, which aims to strengthen knowledge sharing and alignment across EQT’s global Private Capital platform to drive improved investment outcomesBert Janssens and Henry Steinberg, Global Head of EQT Real Estate, joined the EQT Executive Committee, while Lennart Blecher stepped down. Lennart remains Chairperson of EQT Real Assets and a member of the EQT CouncilAt the Annual Shareholders’ Meeting on 12 May 2026, Jean Eric Salata was appointed Chair of the EQT Board. In addition, Jean-Pascal Tricoire was appointed a new Board member of EQTGustav Segerberg was appointed Chief Financial Officer, effective as of 18 July 2026. Segerberg succeeds Kim Henriksson who will remain CFO up until that date, and then transition into a Senior Advisor role

Other

For the second consecutive year, EQT hosted its “Value Creation Day” on 20 May 2026 in London. The event featured insights from Per Franzén (CEO & Managing Partner), EQT’s investment advisory professionals, digital & AI teams, and portfolio company CEOsAs of this Half-year Report, EQT reports Real Estate and Infrastructure as two separate operating segments, reflecting a change in the internal reporting. Upon closing of the Coller Capital transaction1, EQT will also report Secondaries & Solutions as a new operating segment. This will result in a four-segment reporting structure: Private Capital, Infrastructure, Real Estate, and Secondaries & SolutionsAt the end of the period, the number of portfolio companies with validated science-based targets amounted to 65, representing more than 75% of invested capital. A further three‌ companies are in the process of setting targets

Events after the reporting period 

EQT X announced the acquisition of TachoSil®, EQT Infrastructure VII announced the acquisition of Copia Power2, and BPEA EQT Mid-Market Growth announced the acquisition of OrikanInvestment levels in EQT Key funds as of 17 July 2026 were 80-85% in EQT X, 75-80% in EQT Infrastructure VI and 10-15% in BPEA IX

1. The transaction is subject to customary closing conditions, including regulatory approvals and certain Coller Capital fund investor consent approvals, and is expected to close in mid to late Q3 2026
2. EQT Infrastructure VII is currently expected to be activated and begin charging management fees around year-end 2026. Upon activation, and with the acquisition of Copia Power, EQT Infrastructure VII is expected to be 0-5 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on target fund size and subject to customary regulatory approvals.

Presentation of EQT AB’s Half-year Report 2026

Financial analysts and media are invited to participate in a conference call, including a presentation at 08.30 CEST.

The presentation and a link to follow the webcast and conference call live can be found here and a recording will be available afterwards.

To participate by phone, please register here. You will then receive your personal dial-in details, to be able to ask questions during the Q&A.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, shareholderrelations@eqtpartners.com

Rickard Buch, Head of Corporate Affairs, +46 72 989 09 11
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

This is information that EQT AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 07.00 CEST on 17 July 2026.

This information was brought to you by Cision http://news.cision.com

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