EQT completed the acquisition of TPG and KKR-backed PropertyGuru in a $1.1bn deal.

EQT, a private equity firm, completed the acquisition of TPG and KKR-backed PropertyGuru, a property technology company, in a $1.1bn deal. “We are pleased to announce the successful completion of this transaction and we welcome EQT to PropertyGuru. Over the past seventeen years, our growth has been enabled by strong partnerships with our shareholders, led by TPG and KKR. On behalf of everyone at PropertyGuru, I want to thank them for their support and I am proud that we have delivered a solid financial exit for our long-term investors,” Hari V. Krishnan, PropertyGuru Group CEO.