Relais Group
Relais Group IPO on Nasdaq First North Growth Market n.a.
Evli acted as Lead Manager in the EUR 30 million IPO of Relais Group. The IPO was completed successfully and trading in the company’s shares on Nasdaq First North Growth Market Finland began on 17 October 2019.
The IPO was structured as a share issue, whereby the company received gross proceeds of ca. EUR 20 million, and a share sale, whereby certain existing shareholders sold shares valued at ca. EUR 10 million. The IPO was oversubscribed, and Relais Group received approximately 2,000 new shareholders.
Relais Group is an importer and technical wholesaler that actively develops its vehicle electrical equipment and spare parts business operations in the Nordic and Baltic countries. Relais creates added value for its customers by offering vehicle electrical equipment, spare parts and specialist services throughout the life cycle of vehicles in a reliable, efficient and timely manner. As a strongly growth-oriented company, Relais aims to be an industry forerunner in the vehicle life cycle enhancement business.
n.a.
Evli Corporate Finance AB
Evli has been providing corporate finance services since 1997. Today Evli has around 20 professionals at our Helsinki and Stockholm office, supported by a network of more than 20 senior advisors with previous top management experience from a range of industries. We advise our clients on mergers and acquisitions, disposals, leveraged buyouts, joint ventures and various capital market transactions including public and private fund raisings. We are generalists in terms of industries that we work with, but have significant experience from transactions in the following sectors: TMT, healthcare, industrials, consumer goods & retail, energy and business services. Our clients are typically companies, private and public, and their owners as well as institutional investors and private equity companies active or interested in the Nordic countries.
+358 9 476 690
olli.kangasniemi@evli.com
http://www.evli.com
