Altor Fund IV (No. 1) AB and Altor Fund IV (No. 2) AB (together “Altor”) have completed the sale of 6.3 million shares in RVRC Holding AB (publ) (“RevolutionRace“), corresponding to approximately 5.7% of the shares in RevolutionRace at a price of SEK 43 per share, yielding proceeds of SEK 271 million. The shares were sold to a select number of institutional investors through a private bidding procedure. Following the placement, Altor retains an ownership corresponding to approximately 14.9% of the shares in RevolutionRace.
ABG Sundal Collier acted as Joint Bookrunner in connection with the placement. This is ABG Sundal Collier’s fifth transaction with RevolutionRace and Altor. Following the IPO in 2021, where ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner, ABG Sundal Collier acted as Joint Bookrunner in the secondary sale of shares in 2022 and in both secondary sell-downs in 2024.
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