Private equity-backed Get eyes $2.5bn IPO


stock marketPrivate equity-backed Norwegian cable business Get is reportedly planning an IPO.

Get’s owners, Goldman Sachs Capital Partners and investment firm Quadrangle, have hired banks to advise on an IPO that could value the company at $2.5bn, sources familiar with the matter told Reuters.

Goldman Sachs and Deutsche Bank are expected to serve as global coordinators in the IPO and UBS and Barclays will act as bookrunners, said the people.

Get’s owners expect to float the company in Oslo in September, said one of the sources.

Recent private equity deals in Norway include Cinven’s investment in private equity-backed software and business process outsourcing services business Visma.

Copyright © 2014 AltAssets