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Advent Global Opportunities Master Ltd Partnership on Monday said it plans to sell most of its holding in Trustpilot Group PLC. Investment platform Advent plans to sell around 21.6 million shares, in the Copenhagen, Denmark-based consumer review platform, around 5.6% of Trustpilot’s existing issued ordinary share capital. On Monday, Trustpilot closed up 3.3% at 243.80 pence in London. At the closing share price, the sale would be worth around £52.5 million. On completion, Advent Global Opportunities Management will continue to hold a small residual stake of around 250,000 shares in Trustpilot through a separate fund, which if sold will not be through a capital markets event. The shares are being offered by way of an accelerated bookbuild. Deutsche Bank AG is acting alongside JP Morgan Securities PLC as joint bookrunners. Last Tuesday, shares in Trustpilot jumped after reporting strong results. The shares were knocked at the back end of 2025 after short-seller Grizzly Research LLC accused the company of ‘mafia-style extortion campaigns against non-paying businesses’ and a ‘concerning pattern of apparently falsified reviews’. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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