Private Equity
BPEA EQT, the Asian private equity arm of Swedish investment firm EQT, has completed the merger of its Hong Kong-based business services firms Vistra and Tricor, valuing the combined entity at $6.5 billion including debt, EQT said Friday. The combined business comprises over 9,000 professionals in more than 50 jurisdictions, EQT said in a statement. The merged entity will be put under BPEA EQT's eighth, $11.2 billion private equity fund raised last year, said a person familiar with the matter, who declined to be named as the information is confidential.