EQT reportedly eyes FocusVision sale

Swedish group EQT bought a majority stake in FocusVision in 2015, supporting a management buyout. It was the first company EQT backed from its US mid-market fund.

Founded in 1990, FocusVision has offices in the US, UK, Bulgaria and Singapore, and works with clients including Microsoft, P&G and Facebook.

EQT is considering a sale of the business and has hired investment bank Houlihan Lokey to handle the process, according to a report in the Wall Street Journal.

Neither EQT nor FocusVision responded immediately to a request for comment.

Earlier this month, EQT closed an infrastructure fund at €9bn, with the company saying it would primarily invest the funds in Europe and North America.