02 Feb Elevate Teams Up With EQT
ELEVATE, a leading provider of supply chain social, environmental and business solutions, is pleased to announce a new partnership with EQT, a leading global private equity group with headquarters in Sweden. EQT has acquired a majority stake in ELEVATE in order to support the continued growth, development of new services, and further expansion into the European market through EQT’s industrial network. The ELEVATE management team, under the leadership of Ian Spaulding, remain significant shareholders and will continue to drive company growth and development.
“EQT is an ideal partner for ELEVATE as we continue to develop superior services to our clients and drive impact for employers, employees and the planet.”
– Ian Spaulding, Co-Founder and CEO, ELEVATE
As one of the world’s leading social compliance assessment and improvement service providers, this partnership will support future growth and innovation. As a company, our objective remains the same: to serve as a thought partner to help clients develop and implement sustainable and impactful responsible sourcing solutions.
“EQT looks forward to deploying its global resources to support ELEVATE’s growth and development strategy further.”
-Tak Wai CHUNG, Partner, EQT
ABOUT ELEVATE
ELEVATE is one of the world’s leading professional services firm specializing in enhancing supply chain social, environmental and business performance. ELEVATE leads the industry with innovative solutions to complex problems and is actively engaged in all levels of the supply chain with segmented services and customized programs.
For further information, please visit www.elevatelimited.com
ABOUT EQT
EQT is a leading private equity group in Europe with approximately EUR 29 billion in raised capital. EQT has portfolio companies in Europe, Asia and the US with total sales of more than EUR 17 billion and approximately 140,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
For further information, please visit www.eqt.se
FOR MORE INFORMATION
Press Release: Read full release here
Contacts:
Tak Wai CHUNG – Partner at EQT Partners, Investment Advisor to EQT Mid Market +65 6595 1834
Kerstin Danasten – EQT Spokesperson +46 8 506 55 334.
Mark Jones, Senior Vice President – Head of Improvement Services, ELEVATE +1 973-885-5191