Exclusive-EQT to acquire software provider Neogov for more than $3 billion, sources say


FILE PHOTO: A view shows EQT AB's logo at the company's office in Tokyo, Japan May 13, 2025. REUTERS/Miho Uranaka/File photo

NEW YORK (Reuters) -Investment firm EQT has agreed to acquire Neogov from its private equity owners, valuing the human resources software provider at more than $3 billion including debt, three people familiar with the matter said on Monday.

Warburg Pincus, the majority owner of Neogov, and Carlyle, which owns about a third of the company, will fully exit their investment as part of the sale to EQT, the sources said, speaking on condition of anonymity ahead of a formal announcement expected in the next few days.

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