EQT Partners AB: EQT strengthens management structure (news with additional features)
(firmenpresse) - (DGAP-Media / 19.11.2013 / 13:59)
Press release November 19, 2013EQT strengthens management structure
* Thomas von Koch appointed Managing Partner
* Conni Jonsson becomes full time working Chairman
* EQT holds telephone press conference today at 15.00 CET
In order to secure EQT's long-term growth and continued successful
development, the management structure will be strengthened. Thomas von Koch
has been appointed new Managing Partner, supported by the EQT partnership
and board. Conni Jonsson will, in his role as working Chairman of EQT
Holdings AB, continue to work full time for EQT and focus on investment
advisory activities and increased interaction with EQT investors. Both
Thomas and Conni will be members of all relevant EQT investment advisory
related committees and portfolio company review committees.
'It has been an amazing 20 years leading EQT from a single buyout firm with
a Swedish accent to becoming one of the most successful private equity
organizations in Europe. I am very proud of what we have achieved together
with partners and colleagues within EQT. EQT has grown tremendously and we
need to make sure we strengthen our management structure accordingly.
Thomas von Koch will become an excellent Managing Partner. He is a business
oriented leader, well respected among our various stakeholders and has the
EQT culture and values as part of his DNA. For EQT, it is important to have
a strong and stable management structure and the appointment of Thomas
secures continuity of EQT's strategy and the long-term vision of the firm',
states Conni Jonsson, founder and Managing Partner since the inception of
EQT in 1994.
Thomas von Koch is 47 years old and was part of the team that founded EQT.
During his tenure at EQT, he has been involved in many private equity
landmark transactions such as ComHem, KBW and Gambro. He was also Head of
the EQT Equity business line between 2008 and 2011. Thomas holds an M. Sc.
in Financial Economics and Accounting Finance from the Stockholm School of
Economics.
'I am really excited to take on the challenge of managing EQT - it is quite
a changed company compared to the one we started in 1994. Today, EQT is
global, differentiated and well recognized for the ability to truly develop
companies. I feel enthusiastic about working together with the organization
and the board to continue the execution of EQT's growth strategy. I'm
honored but remain humble given the challenges we face, both as a company
and as an industry', says Thomas von Koch.
Changes are effective as of March 1, 2014.
EQT will hold a press conference call today Tuesday November 19 at 15.00
CET. The press conference will start with a brief EQT overview and after
that a moderated questions and answers session with both Conni Jonsson and
Thomas von Koch. The press conference is expected to end around 16.00 CET.
Dial in details are +46 8 506 443 86 with participant pin code 677361#.
Contacts: Johan Hähnel, Communications&PR, +46 8 506 55 334
About EQT
EQT is the leading private equity group in Northern Europe, with portfolio
companies in Northern and Eastern Europe, Asia and the US with total sales
of more than EUR 25 billion and over 550,000 employees. EQT works with
portfolio companies to achieve sustainable growth, operational excellence
and market leadership.
Moreinformation can be found on www.eqt.se
End of Media Release
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Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=VDKYDWNRBU
Document title: Press Release_EQT strengthens management structure
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Issuer: EQT Partners AB
Key word(s): Enterprise
19.11.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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