BC Partners is set to end its investment in gym operator, Fitness First, through an initial public offering, AltAssets reports. The flotation on the Singapore stock exchange could raise as much as £340.2 million. The IPO is expected to take place in the third quarter of this year. In 2005, BC Partners bought the business from private equity group, Cinven, for £835 million. Cinven had originally bought the company for £404 million two years earlier.
Click here for the story from AltAssets.