Facility services provider ISS World Services priced its IPO at DKK160 ($29.85) per share, around the median of its expected price range, and went public on the NASDAQ OMX. Shares closed at DKK182.7 ($34.09), up about 14.2%. In total, ISS raised around DKK8.2 billion ($1.5 billion), marking the largest IPO in Denmark since 1994.
Goldman Sachs Capital Partners and EQT Partners, which pared down their stakes in the offering, acquired ISS for an estimated DKK21.9 billion ($4.1 billion) in 2005. Later, Ontario Teachers' Pension Plan and KIRKBI invested DKK3.072 billion ($573 million) in the company, which has more than 530,000 employees and local operations in over 50 countries offering a range of services like cleaning, catering, security and facility management.