By: Elizabeth Jenkins-Smalley
Companies listed in London still trade below their global rivals, and private capital has moved fast to buy them. Intertek, the FTSE 100 testing group, agreed a takeover of around £10.6 billion by the Swedish firm EQT in June 2026, while the asset manager Schroders agreed a £9.9 billion sale to the American investor Nuveen and Bridgepoint opened the year by buying the advisory firm Interpath. Andre Lacroix, who leads Intertek, framed private ownership as a chance to invest for the long term. This piece looks at what buyers pay for, and how owners can gain on both sides of a deal