PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2026/15 - EQT / CICAP
Acquired
CICAP Limited
Description
A UK-based secondary alternative asset management company specializing in secondary private equity and private credit markets globally. In Portugal, it operates solely through Pinpropco, whose only activity is the purchase and sale of real estate.
Acquiring
EQT AB
Description
EQT is a global investment group focused on asset management. In Portugal, EQT is present through a portfolio controlled by EQT Funds, which operate in a diverse range of sectors, including healthcare, technology, energy and environment, social sector and services.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger operation consists of the acquisition, by EQT AB (PUBL.) (“EQT”), of exclusive control over CICAP LIMITED and its subsidiaries (“CICAP”).
Timeline
2026-03-10
EQT notifies the acquisition of exclusive control over CICAP
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