Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

Private equity firm IK Investment Partners to aim for listing of Swedish elderly care provider, Attendo

IK Investment Partners, the private equity firm will aim for a stock market listing this year of Attendo, the Swedish elderly care provider, which had 9 billion crowns ($1.1 billion) sales last year. Attendo’s listing will follow healthcare provider and hospital operator Capio which had outperformed the wider market since listing in June. According to sources, IK hired SEB and Carnegie banks to lead the listing. Uncertainty over Swedish policy toward corporate profits in taxpayer-funded public services such as schooling, healthcare and elderly care have made companies like Attendo a hard sell for years, but the successful listing of Capio showed there were investors willing to stomach such risks.

Tags:

IPOs,Attendo,IK Investment Partners,ipo,Swedish elderly care provider