PE Deals

EQT pumps €100m into IntegrityNext

IntegrityNext is a sustainability software platform that aims to aid supply chain transparency and regulatory compliance.

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  • IntegrityNext’s co-founders Martin Berr-Sorokin, Simon Jaehnig, & Nick Heine will continue to lead the company
  • Dominik Stein, partner in the EQT Growth Investment advisory team, will join IntegrityNext’s advisory board
  • EQT is a global investment organisation with €113 billion in assets under management

EQT, via its EQT Growth fund, has invested €100 million in IntegrityNext, a sustainability software platform enabling supply chain transparency and regulatory compliance.

IntegrityNext is headquartered in Munich, Germany.

IntegrityNext’s co-founders Martin Berr-Sorokin, CEO, Simon Jaehnig, CRO, and Nick Heine, COO, will continue to lead the company.

EQT Growth and IntegrityNext will further invest in the tech platform to support the acceleration of the product offering, according to a release.

Dominik Stein, partner in the EQT Growth Investment advisory team, will join IntegrityNext’s advisory board, the release added.

“IntegrityNext’s technology provides a streamlined and automated way for customers to easily monitor and certify their supply chain for ESG risks,” Stein said. “Their cutting-edge product and large footprint in their home market of Germany positions them well to expand across Europe, as they have already built a significant proprietary supplier database.”

EQT Growth is an investment strategy of EQT. It supports growth-stage technology companies and invests around €50 million to €200 million.

EQT is a global investment organisation with €113 billion in assets under management. The firm is based in Stockholm, Sweden.