Davis Polk advised Bravida Holding AB (publ) on its initial public offering of shares and listing on NASDAQ Stockholm. The offering comprised 70,548,309 shares by Bravida’s principal shareholder Bravissima Holding AB, which is indirectly controlled by certain investment funds advised by Bain Capital Partners, LLC and its affiliates. Bravissima Holding AB has also granted the managers an overallotment option for up to an additional 10,582,246 shares. With an offer price of SEK 40 per share, the total value of the offering amounted to approximately SEK 3.25 billion (approximately $390 million), assuming that the overallotment option is exercised in full.

Bravida is a leading Nordic multi-technical services provider of electrical, heating and plumbing and HVAC solutions in buildings, plants and infrastructure. Through its installation and services businesses, Bravida provides solutions for new installations, renovation, maintenance, repair and operation of technical systems. With 237 branches across 140 locations as of 30 June 2015, Bravida offers installation and services solutions throughout the Nordic region with a strong local presence. For the year ended 31 December 2014, Bravida recorded net sales of SEK 12 billion and generated adjusted EBITA of SEK 760 million. The company is headquartered in Stockholm, Sweden.

The Davis Polk corporate team advising as to U.S. law included partner Paul E. Kumleben and associates Matthew Hart and Kennard L. Noyes. Partner John D. Paton and associate Nicholas A. Machen provided U.S. federal tax advice. All members of the Davis Polk team are based in the London office.

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