XXL ASA, a leading sports retailer with stores and e commerce in Norway, Sweden and Finland, was listed on the Oslo Stock Exchange on 3 October 2014.

The share capital of the Company was valued in excess of NOK 8 billion and shares worth more than NOK 3 billion were sold in the IPO.  Thommessen acted for XXL and its principal shareholders XIN Holding Guernsey Limited (an entity controlled by EQT V Limited, advised by EQT Partners) and Dolphin Management. Managers for the IPO were ABG Sundal Collier, Goldman Sachs, Carnegie, Credit Suisse and DNB Markets. Thommessen’s team was headed by partners Kim Dobrowen and Hans Cappelen Arnesen.