Eidos Partners announces the completion of the IPO of TBS Group, European leader in the supply of outsourced, integrated Clinical Engineering services to public and private hospitals and to social healthcare institutions. In addition, TBS Group offers, through its e-Health Systems and Solutions business unit, medical IT services and products and telecare and telemedicine systems. Shareholders of TBS Group are its founders / managers and a broad range of financial and industrial investors, such as Assicurazioni Generali, General Electric, Capitol Health Special Fund and Monte dei Paschi di Siena.
 
In this transaction, Eidos Partners acted as financial advisor to TBS Group, while MPS Capital Services and Intermonte acted as Joint Global Coordinators.
 
The offer involved the sale of 2.5 million of newly-issued shares offered to Italian and foreign institutional investors. The offer price was fixed at Euro 2.5 per share, with an implied market capitalisation of Euro 92 million. The Company intends its listing on the AIM market as a first step leading to a listing on the STAR segment in the next 18-24 months.
 
With the IPO of TBS Group, Eidos Partners completed its seventh IPO on the Italian Stock Exchange in the last 4 years, thus confirming its leadership as an independent financial advisor in the Italian equity capital markets.