Past transactions

Silex Microsystems AB successfully completed its IPO on Nasdaq Stockholm with the first day of trading on 7 May 2026. Headquartered in Järfälla, Sweden, Silex is the global leader in pure-play MEMS manufacturing, serving a broad base of leading technology customers across applications such as medical technology, telecommunications, data centres and automotive. The MEMS market is supported by strong structural growth driven by trends including AI, IoT, automation and autonomous systems. For the year ended 31 December 2025, Silex’s net sales were SEK 1,385 million with an EBIT of SEK 368 million, reflecting average annual net sales growth of 17 percent since 2015.

The offering comprised newly issued ordinary shares providing the Company with gross proceeds of approximately SEK 1,000 million, alongside a secondary component, and was priced at a market capitalisation of approximately SEK 8.9 billion. The offering attracted strong interest from both Nordic and international institutional investors and was multiple times oversubscribed. Creades AB (publ), AFA Insurance, Tredje AP-fonden, one or more funds and/or accounts managed by Capital Research Global Investors, Swedbank Robur Fonder AB, Fjärde AP-fonden, Andra AP-fonden (AP2), Fidelity International and Carnegie Fonder acted as cornerstone investors in the transaction, undertaking to acquire shares of up to SEK 1,501 million, representing approximately 75 percent of the offering.

The IPO follows ABG Sundal Collier’s role as sole financial adviser to Silex Microsystems and its previous majority owner Sai Microelectronics on the sale of the Company in 2025 to a Swedish consortium led by Bure Equity and Creades, including Grenspecialisten, 3S Invest, SEB-Stiftelsen and TomEnterprise, re-establishing Silex as a Swedish majority-owned company. ABGSC is proud to have acted as Joint Global Coordinator and Joint Bookrunner in the transaction, and as sole financial adviser in the 2025 sale of Silex Microsystems to the Bure- and Creades-led consortium.

ABGSC acted as financial adviser to Ampilo as the Private Equity company announced the sale of Selatek Holding AB (“Selatek”) to IK Partners. The transaction marks an important milestone in Selatek’s growth journey.

Headquartered in Stockholm, Sweden, Selatek is a technical installation platform, specialising in Security, Electrical and Automation solutions across buildings, infrastructure and industrial environments, with a strong focus on security-sensitive operations. Established in 2022 following Amplio’s acquisition of Levinsgruppen in November 2021, the Group brings together several local technical service providers under a common structure. Selatek operates a decentralised model, where its subsidiaries retain strong local brands and customer relationships, while benefiting from shared resources, technical expertise and centralised support functions at the Group level. Through close collaboration within regional clusters, Selatek is able to achieve a high degree of workforce flexibility and cross-sale opportunities. Operating across more than 30 locations in Southern and Central Sweden, the Group has over 900 full-time employees who serve a broad and loyal base of nearly 6,000 customers.

In February 2026, HomeToGo successfully completed its inaugural senior secured bond issue in a total nominal amount of EUR 101 million, under a total framework of EUR 200 million. Net proceeds from the bond issue will be used to refinance existing bank debt and to fund deferred purchase price payments related to the acquisition of Interhome.

HomeToGo is Europe’s leading vacation rental group and is listed on the Frankfurt Stock Exchange. The group covers the entire vacation rental value chain, combining its B2B software & tech-enabled service solutions with the world’s largest B2C vacation rental marketplace.

ABGSC acted as global coordinator and joint bookrunner in connection with the transaction.

ABGSC acted as joint global coordinator and joint bookrunner as General Oceans ASA announced the successful completion of its initial public offering of shares on Euronext Oslo Børs. The transaction was supported by strong demand from high-quality institutional investors as well as from the general public in Norway and Sweden. The transaction was more than 10 times oversubscribed, excluding shares pre-allocated to cornerstone investors. The offer price of NOK 21.00 per Offer Share implies a post-money market capitalisation of the Company of approximately NOK 4.0 billion. The transaction totalled NOK 1,208m, representing approximately 30% of the outstanding shares in the Company, and consisted of NOK 500 million in primary shares and NOK 550m in secondary shares and NOK 158m in over-allotted shares. Two cornerstone investors, DNB Asset Management and Folketrygdfondet, were allocated a total of NOK 400 million (NOK 200m each), representing approximately 33% of the shares offered in the IPO. The first day of trading in the Company’s shares on Euronext Oslo Børs is 26 March 2026.

General Oceans is a global provider of advanced underwater technology, delivering sensors, systems and robotic solutions used in demanding marine environments. The Group develops and supplies instrumentation technology for measuring and understanding the ocean and its dynamics, imaging and navigation systems, and remotely operated and autonomous vehicle solutions with associated manipulators and control systems. General Oceans delivered NOK 1,304 million in revenue in 2025, corresponding to a total revenue growth rate of 26%, with an Adj. EBITA margin of around 18%. The Company has throughout the period 2023-2025 delivered strong organic performance combined with acquisitive growth, which remains at the core of the Company’s growth strategy.

ABGSC is pleased to have supported General Oceans and its shareholders throughout the IPO process, following on from its role as adviser to the Company in the Ferd minority transaction in 2023.