EQT completed the acquisition of a majority stake in Guardian Shanghai Hygiene Service.

EQT, a private equity firm, completed the acquisition of a majority stake in Guardian Shanghai Hygiene Service, a pest control services provider. Financial terms were not disclosed. "Over the past decade, the entire Guardian team has dedicated itself to building the Company from the ground up, from a regional player to now a leading national player. We are excited to partner with EQT, one of the world’s largest and most reputable private equity firms, to further accelerate our growth and expand our footprint. EQT’s experience and expertise in the pest control space are highly valuable, and will support Guardian in realizing new opportunities and provide better and innovative solutions for our customers," Chuck Jiang, Guardian Founder and CEO.