EQT Is Said to Weigh Sale of $2 Billion Danish Software Maker

June 13, 2023, 3:41 PM UTC

EQT AB is considering options for Sitecore, including a potential sale that could value the digital marketing software provider at as much as $2 billion, people with knowledge of the matter said.

The Stockholm-based investment firm is working with Goldman Sachs Group Inc. to gauge interest from potential buyers of the Danish business, according to the people, who asked not to be identified discussing confidential information.

A formal sale process for Sitecore would likely begin after the summer and draw interest from other private equity firms, they said. Deliberations are ongoing and no decisions on whether to proceed with ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.