EQT
EQT exits Galderma Group AG in full via largest sponsor-backed block trade ever
· EQT completes final sell-down in Galderma, a global dermatology company delivering science-backed solutions to healthcare professionals, consumers and patients worldwide
· Under EQT’s ownership, Galderma significantly accelerated revenue growth, increased investment in research and development, and built one of the broadest portfolios of clinically-proven flagship brands in dermatology. Galderma completed one of the largest IPOs in Europe in 2024, and its share price has nearly tripled since the IPO
· The sale resulted in aggregate gross proceeds of c. CHF 4.9 billion, of which EQT VIII received c. CHF 1.3 billion. It is the largest sponsor-backed block trade in history
· In total, EQT has realized c. CHF 21 billion / USD 26 billion of proceeds for its funds and co-investors through the sale of Galderma shares, representing the largest value-creation outcome in EQT’s history