Swedish firm EQT shells out $930 million for a slice of South Korea's Douzone Bizon
Published by Global Banking & Finance Review®
Posted on November 7, 2025
2 min readLast updated: January 21, 2026
Published by Global Banking & Finance Review®
Posted on November 7, 2025
2 min readLast updated: January 21, 2026
EQT invests $930M in Douzone Bizon, acquiring 37.6% to expand in Asia. The deal involves shares from Young-woo Kim and Shinhan Financial, pending regulatory approval.
(Corrects to add media packaging code and dropped word "of" to the headline)
(Reuters) -Swedish investment firm EQT said on Friday it would invest about $930 million in South Korea's Douzone Bizon to take up a 37.6% stake in the enterprise software provider, marking one of its largest bets in Asia this year.
EQT said it had signed a share purchase agreement under which it would buy a 23.2% stake in Douzone Bizon from Chairman Young-woo Kim and a 14.4% stake owned by affiliates of Shinhan Financial Group.
Founded in 1991, Douzone Bizon develops enterprise resource planning, or ERP, and business software for small- and medium-sized companies, offering a suite of cloud-based services for accounting, tax, and compliance management.
EQT said it plans to take a long-term approach with the investment, focusing on improving operations and strengthening the company's core business.
The firm said the move reflects its continued commitment to South Korea and its broader push to expand across Asian markets.
The deal will be made through BPEA Private Equity Fund IX, which will be about 5% to 10% invested following completion, and is subject to customary regulatory approvals, including merger clearance from the Korea Fair Trade Commission and licensing authorization from the Ministry of Trade, Industry and Resources.
(Reporting by Atharva Singh in Bengaluru; Editing by Alan Barona)
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted.
Enterprise software is designed to meet the needs of an organization rather than individual users. It includes applications that help businesses manage operations, customer relations, and data.
A stake in a company refers to the ownership interest held by an individual or entity, typically expressed as a percentage of total shares.
A long-term investment is an asset purchased with the expectation that it will provide returns over a period longer than one year, often involving less frequent trading.
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