Buyer landscape

Likely buyers · Education in Sweden.

Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables

How companies like this sold · 73 verified exits: 48% to sponsors, 41% to corporates and platforms, 10% via IPO, 1% other routes. Route shift since 2020: sponsors 47% (was 49%), corporates and platforms 42% (was 41%), IPO 8% (was 11%).

The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 9 geographic expansion candidates without a local platform yet. A first round of the Tier 1 names plus the expansion buyers covers the demonstrated demand.

Financial buyers · 25

Tier 1 · Very High · score 70+

1. EQT SponsorVery High85

37 platform investments in Business Services · 53 in Sweden · 51 deals 2024–26

AUM €291.0B · EQT X · 2023 vintage · deploying · check €440M-3.3B

53 platform investments since the 2023 vintage · largely deployed vs its usual 11 per fund.

Backed Nord Anglia Education, 2025 · Education, Hong Kong

2. IK Partners SponsorVery High83

50 platform investments in Business Services · 48 in Sweden · 52 deals 2024–26

AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M

18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.

Bought Skill & You from Andera Partners, 2021 · Education, France

3. IK Partners (IK Small Cap III) SponsorVery High82

46 platform investments in Business Services · 46 in Sweden · 39 deals 2024–26

AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M

18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.

Backed Skill & You, 2021 · Education, France

4. IK Partners / GIC / Keensight / Parquest / management SponsorVery High82

46 platform investments in Business Services · 46 in Sweden · 38 deals 2024–26

AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M

18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.

Backed Skill & You, 2021 · Education, France

5. Axcel SponsorVery High81

13 platform investments in Business Services · 15 in Sweden · 14 deals 2024–26

Axcel VII · 2023 vintage · deploying · check €26-194M

15 platform investments since the 2023 vintage · largely deployed vs its usual 9 per fund.

Bought Geomatikk Group from Hg, 2026 · Business Services, Norway

6. Triton Partners SponsorVery High80

35 platform investments in Business Services · 26 in Sweden · 10 deals 2024–26

AUM €18.5B · Triton Fund VI · 2026 vintage · deploying · check €110-825M

3 platform investments since the 2026 vintage · early in deployment vs its usual 11 per fund.

Backed formicon, 2026 · Business Services, Germany

7. MML Capital SponsorVery High79

20 platform investments in Business Services · 16 deals 2024–26

AUM €2.0B · MML Dorchester SCSp · 2025 vintage · deploying · check €13-95M

8 platform investments since the 2025 vintage · largely deployed vs its usual 7 per fund.

Backed Coptersafety, 2026 · Education, Finland

8. MML Capital + Bpifrance SponsorVery High79

21 platform investments in Business Services · 15 deals 2024–26

AUM €2.0B · MML Dorchester SCSp · 2025 vintage · deploying · check €13-95M

8 platform investments since the 2025 vintage · largely deployed vs its usual 7 per fund.

Backed Coptersafety, 2026 · Education, Finland

9. MML Capital Partners SponsorVery High79

20 platform investments in Business Services · 15 deals 2024–26

AUM €2.0B · MML Dorchester SCSp · 2025 vintage · deploying · check €13-95M

8 platform investments since the 2025 vintage · largely deployed vs its usual 7 per fund.

Backed Coptersafety, 2026 · Education, Finland

10. Bridgepoint SponsorVery High78

20 platform investments in Business Services · 13 in Sweden · 43 deals 2024–26