EQT appoints advisors for the public listing of TAC Group

EQT has announced the appointment of advisors for the imminent listing of TAC Group, the building management services provider. EQT will be advised by Morgan Stanley and Deutsche Bank, with Enskilde acting as co-lead advisor. The listing is scheduled to take place on the Swedish Stock Exchange within 6-18 months. Over the last four years TAC has experienced an eight fold increase in earnings, and a quadruple increase in orders. The company employs around 2,200 members of staff and in 2001 recorded a turnover of EUR 300m

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