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EQT-backed Five Good Friends hits auction block; stake up for grabs

Swedish giant EQT Partners is preparing for life as a co-investor at Five Good Friends, as the technology-enabled home care business’ early investors shop their collective 45 per cent stake at a valuation north of $100 million.

National home care provider Five Good Friends co-founders Nathan Betteridge and Simon Lockyer. 

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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. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/eqt-backed-five-good-friends-hits-auction-block-stake-up-for-grabs-20240717-p5jueb