By Dominic Chopping

STOCKHOLM--Swedish private equity firm EQT AB said late Wednesday that it will acquire a 20% stake in 3Shape, a developer of scanning solutions and software for dentists and dental laboratories.

Based in Copenhagen, 3Shape provides intra-oral scanning solutions, Computer Aided Design and Computer Aided Manufacturing software for dentists and dental laboratories in more than 100 countries. The company was founded in 2000 and employs more than 1,900 people in Europe, Americas and Asia, of which around 500 work in research and development.

EQT said it will acquire the stake from 3Shape's founders, who will remain majority shareholders in the company.

The transaction is expected to close during the first quarter of 2022 and with this deal, EQT IX is expected to be 75%-80% invested, it added.

Financial terms weren't disclosed.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

12-09-21 0148ET