EQT Sells Anticimex to New Longer-Term Fund in $7 Billion Deal

EQT AB is extending its investment in Anticimex by selling the pest control company to another fund, part of a burgeoning trend of buyout firms holding companies longer to boost returns.

The EQT VI fund will exit through the deal, which values Anticimex at about 5.9 billion euros ($7.2 billion) including debt, according to Per Franzen, head of EQT’s private capital advisory teams. Singapore sovereign fund GIC Pte and the investment vehicle of Swedish billionaire Melker Schorling are increasing their stakes in Anticimex, he said.

“What we did a couple of years ago is to look at our historical ...