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Deal Roundup: EQT strikes $6.5bn Cleanaway acquisition, Apax to buy Warburg’s stake in Odido

Reported by Altassets
Oct 19, 2026· 2 min read
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Key Takeaways
  • • EQT has agreed to acquire Australian waste management group Cleanaway in a deal valued at A$9.3bn ($6.5bn), to be executed through its EQT Infrastructure VI fund.
  • • The transaction is the lead item in a deal roundup that also reports Apax Partners' agreement to buy Warburg Pincus's stake in Dutch telecom operator Odido.
  • • The Cleanaway acquisition represents a large infrastructure-fund take-private in the Australian waste and environmental services sector, a segment institutional allocators track closely for stable, long-duration cash flows.
Summary
EQT has agreed to acquire Australian waste management group Cleanaway in a transaction valued at A$9.3bn ($6.5bn), according to the publisher summary of the original report by AltAssets. The acquisition will be made through EQT Infrastructure VI, the firm's flagship infrastructure fund, placing the asset within a vehicle that targets long-duration, essential-service businesses.

The report is framed as a deal roundup, and the same update also covers Apax Partners' agreement to buy Warburg Pincus's stake in Odido, the Dutch telecommunications provider. Apax's move represents a secondary exit for Warburg Pincus from its position in the company, while the Cleanaway deal reflects continued appetite among large infrastructure managers for waste and environmental assets in developed markets.

The full article is behind a premium paywall, so additional details such as the purchase price per share, financing structure, expected closing timeline, and regulatory approvals could not be confirmed from the available text. Readers seeking those specifics should consult the full AltAssets report or the company's formal announcement.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Altassets Deal Roundup: EQT strikes $6.5bn Cleanaway acquisition, Apax to buy Warburg’s stake in Odido