EQT agrees to acquire Stockbridge for $375 million

EQT announced Thursday, Oct. 15, 2026, that it agreed to buy U.S. real estate manager Stockbridge for $375 million in cash at closing, with up to $175 million in earnouts from 2027 to 2030, valuing the deal at up to $550 million. Stockbridge has about $16.5 billion in fee-generating assets under management and $27 billion in gross asset value. Closing is expected in the first quarter of 2027. The purchase follows EQT's Coller Capital acquisition, closed for up to $3.7 billion at the end of August; Coller has been consolidated since Aug. 31 and now operates as Coller EQT. EQT reported Q3 results with the Stockbridge news: gross inflows of €41.6 billion, fee-generating AUM of €195 billion versus €139 billion a year earlier, and total AUM of €354 billion versus €267 billion. Funds invested €7 billion plus €2 billion in co-investment. Chief executive Per Franzén said the firm remains "focused on driving monetisations and liquidity." No disputed facts appear in the available coverage; only center-rated MarketScreener headlines reported the price and valuation.