The unusual IPO story of Ziggo has presented yet another boost to its private equity backers as overwhelming investor demand accelerated yesterday’s share offering from a planned 18 million to 29 million ordinary shares - trading at a premium of 34%. The latest sale brings backers Warburg Pincus and Cinven returns of more than 4x and 2.7x respectively, according to sources close to the situation.
Sponsor transactions in Europe surged to an all-time high with TMT and the UK leading the way
Acquisition of footfall data analytics group will expand MRI Software’s retail solutions offering
GP sells minority stake after less than three years invested in the IT managed services provider
Sponsors prepare to weather the storm and seize opportunities emerging from the crisis