EQT to Acquire Compliance Risk Firm Avetta in $3 Billion Deal

EQT has announced an agreement to acquire compliance risk firm Avetta in a deal valued at approximately $3 billion, including debt. This move is seen as a sign of recovery in the private equity dealmaking sector for the year 2024. The acquisition aligns with EQT's strategic initiatives in the compliance risk industry, indicating a potentially lucrative investment for the company. The deal is anticipated to have a significant impact on the market landscape.