Street Talk

EQT Partners taps sellside adviser for $30m-a-year Nexon Asia Pacific

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 10, 2025 – 3.01pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Swedish buyout firm EQT Partners is ready to roll on its IT services outfit Nexon Asia Pacific, which makes about $30 million in earnings and has fielded multiple approaches from sponsors and trade players over the years.

Street Talk understands EQT has appointed investment bank Houlihan Lokey as sell-side adviser for the portfolio company, and will look to launch a sale process in the coming months.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.