SUSE Could Hit the Market at $6B as EQT Eyes Exit
Private equity giant EQT is exploring a sale of Linux vendor SUSE at roughly double its 2023 valuation.
EQT is looking to offload SUSE, the venerable Linux distribution and open-source software company, in a deal that could fetch up to $6 billion. That's a hefty jump from the roughly $2.96 billion valuation SUSE carried in 2023.
The Swedish private equity firm is reportedly exploring its options, though no deal is finalized. A sale at the upper end would represent a near-doubling of SUSE's value in just a few years — not bad for an enterprise Linux player in a market dominated by Red Hat.
SUSE has long been a staple in enterprise open-source infrastructure, powering servers and cloud workloads across industries. For EQT, this looks like a classic PE play: buy, grow, exit at a premium.
The big question now — who's writing the check?