PropertyGuru Enters into Definitive Merger Agreement to be Acquired by EQT Private Capital Asia for USD 1.1 Billion

PropertyGuru Enters into Definitive Merger Agreement to be Acquired by EQT Private Capital Asia for USD 1.1 Billion

SINGAPORE & NEW YORK–(BUSINESS WIRE)–PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1 property technology (“PropTech”) company, today announced that it has entered into an agreement and plan of merger (the “Merger Agreement”) with affiliates of BPEA Private Equity Fund VIII Limited (“EQT Private Capital Asia”), part of EQT AB, a purpose-driven global investment organization, pursuant to which the Company will be acquired by EQT Private Capit