CapMan exits MQ through IPO
CapMan has listed portfolio company MQ. CapMan will reduce it's shareholding from 52% to 28% as part of the IPO.
The original investment came from the funds CapMan Buyout VIII and CapMan Equity VII. There is a six-month lock up period for CapMan's remaining shares. MQ will repay mezzanine loans to CapMan Mezzanine IV and Finnmezzanine Fund III following the listing.
The exit and repayment of mezzanine loans will bring the associated funds closer to generating carried interest. MQ is a Swedish-based clothes retailer.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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