(Bloomberg) -- Advent International-backed Rubix Group Holdings Ltd., a provider of maintenance and repair for industrial firms, is looking to raise at least 850 million euros ($986 million) in a London listing by selling new shares, joining a long line of companies tapping public markets.

The company, formed in a 2017 merger, expects to trade on the premium segment of the London Stock Exchange, making it eligible for inclusion in FTSE U.K. Indexes. Its offering will also include a sale of existing shares by holders, and see at least 25% of the company made available for trading.

Rubix’s operations span 22 European countries and a network of 900 locations. The company says it helps keep factories and plants operational for some of Europe’s largest industrial businesses.

IPOs have raised more than 14 billion pounds ($19.2 billion) in London so far in 2021, data compiled by Bloomberg show, putting the market on track for its biggest year since 2017.

Goldman Sachs Group Inc., Morgan Stanley and Barclays Bank Plc are joint global coordinators, while BNP Paribas SA and Jefferies are bookrunners. Rothschild is the company’s financial adviser.

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