Global cybersecurity provider Avast, in which CVC Capital Partners and Summit Partners have stakes, is expected to be worth around $4bn when it floats on the London Stock Exchange next month, FN's sister publication Private Equity News reports.
The company, which is based in the Czech Republic and has a global user base, expects to have a free-float of at least 25% when it lists. It expects trading to start on the London Stock Exchange early May.