EQT-owned fund FS Invest and the private equity arm of Goldman Sachs completed the sale of their remaining 19.3% stake in Danish facility services company ISS for DKr7.3 billion through an accelerated bookbuilding process.
The sale follows the $1.5 billion IPO of the company in 2014.
As part of the transaction Kirkbi Invest, the investment fund of the family that own Lego, increased its holding in ISS to 10.27%, making it the third largest shareholder in the company behind the Ontario Teachers' Pension Plan and Artisan Partners.
Danish pension fund PFA also increased its holding by more than DKr100 million, bringing its total stake to 1.5%.