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EQT Partners takes out majority take in Nexon APAC

Baker McKenzie has advised EQT Partners on its acquisition of a majority stake in Nexon Asia Pacific.

user iconEmma Musgrave 07 August 2019 Big Law
Simon De Young
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Firms: Baker McKenzie (EQT Partners); Undisclosed (Nexon Asia Pacific)

Deal: EQT Partners has purchased a majority stake in Nexon Asia Pacific.

Value: Undisclosed

Area: M&A

Key players: The Baker McKenzie team was led by partner and head of private equity Simon De Young, with assistance from partner Lawrence Mendes, senior associate Eliza Low and associate Daniel Conti.

Deal significance: EQT Partners is a Swedish investment firm, while Nexon Asia Pacific is a cloud and managed service provider, headquartered in Australia.  

The company provides unified communications, cloud, managed security, business solutions and digital workspace services to clients across various sectors in Australia.

“We are delighted to have assisted EQT with this important transaction," said Mr De Young.

This transaction represents a continuation of Baker McKenzie’s relationship with EQT in the Asia-Pacific region and illustrates the strength of the Baker McKenzie team in negotiating and implementing complex transactions.

We wish EQT and the Nexon management team well in the next phase of growth for the Nexon business."

emma.ryan@momentummedia.com.au

Emma Musgrave

Emma Musgrave

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: Emma.Musgrave@momentummedia.com.au 

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