EQT and ATP Buying Danish IT Provider

EQT Partners and ATP Private Equity Partners have agreed to acquire KMD A/S, a Danish provider of IT solutions to local municipalities, for approximately DKK2.2 billion ($375 million). EQT will hold an 85% stake, while ATP will hold the remainder. The transaction is to be funded with 50% leverage, provided by Danske Bank, Nordea, Nykredit, FIH and ATP.

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