EQT to Exit Remaining Stake in TELUS Digital, Supports TELUS Corporation's Acquisition

TIXT
October 08, 2025

EQT, through its BPEA Private Equity Fund VI, announced on September 22, 2025, that it has signed a definitive voting and support agreement for the proposed acquisition of TELUS Digital (TIXT) by TELUS Corporation. This agreement signifies EQT's commitment to exit its remaining stake in TELUS Digital.

The transaction marks the culmination of EQT's investment in TELUS Digital, which began in 2016. EQT's support for the acquisition by TELUS Corporation, the majority shareholder, indicates confidence in the proposed privatization.

This development provides further assurance to investors regarding the high probability of the acquisition successfully closing. The exit of a significant private equity investor through this transaction is a key milestone in the company's ownership transition.

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