{"id":491,"date":"2025-09-24T07:32:11","date_gmt":"2025-09-24T05:32:11","guid":{"rendered":"https:\/\/swedishpost.org\/?p=491"},"modified":"2025-09-24T07:32:11","modified_gmt":"2025-09-24T05:32:11","slug":"security-firm-verisure-plans-to-raise-3-7-billion-in-swedish-ipo","status":"publish","type":"post","link":"https:\/\/swedishpost.org\/?p=491","title":{"rendered":"Security firm Verisure plans to raise $3.7 billion in Swedish IPO"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

OSLO, Sept 17 (Reuters) – Switzerland-based security services firm Verisure said on Wednesday it plans to list on the Stockholm bourse, aiming to raise 3.1 billion euros ($3.7 billion) in what could be one of Europe’s largest initial public offerings in years.<\/p>\n\n\n\n

The fundraising will help refinance some of its debt and fund its acquisition of ADT Mexico, it said in a statement.<\/p>\n\n\n\n

Verisure was created in 1988 as a division of Swedish security group Securitas\u00a0(SECUb.ST)
, opens new tab<\/a>\u00a0called Securitas Direct, which previously went public in 2006. The alarm systems manufacturer’s main owner is now U.S. private equity firm Hellman & Friedman.<\/p>\n\n\n\n

The float comes amid a wider resurgence for Europe’s IPO market after a sluggish first half of the year, when several listings were pulled as markets were roiled by trade tensions and fears of escalating conflict in the Middle East.<\/p>\n\n\n\n

Verisure said two existing owners, Alba Investments and Securholds Spain, would be participating in the IPO and it expects to raise a combined 235 million from them.<\/p>\n\n\n\n

It declined to comment on a potential valuation for the company.<\/p>\n\n\n\n

Verisure said it sees substantial room for growth after more than tripling its customer base between 2014 and 2024.<\/p>\n\n\n\n

“While we are well-established as the market leader, we are only just getting started with a long runway ahead,” CEO Austin Lally said in the statement.<\/p>\n\n\n\n

Adjusted operating profit jumped 24% last year to 819 million euros. Sales climbed 10% to 3.4 billion euros.<\/p>\n\n\n\n

Verisure said the Nasdaq Stockholm exchange had concluded that the company had fulfilled the requirements for a listing, adding that full terms and conditions will be included in an IPO prospectus to be published later.<\/p>\n\n\n\n

Securitas Direct was bought in 2008 by Swedish private equity firm EQT, which delisted it. EQT then sold it to Bain Capital and Hellman & Friedman three years later.<\/p>\n\n\n\n

In 2014, it was divided into two companies, one of which is Verisure which focuses on home alarms. Hellman & Friedman bought Bain Capital’s stake in Verisure in 2015.<\/p>\n\n\n\n

The uptick in European IPOs follows a rash of new listings in the U.S. since the start of September, including Swedish fintech\u00a0Klarna<\/a>\u00a0(KLAR.N)
, opens new tab<\/a>\u00a0and crypto exchange\u00a0Gemini<\/a>\u00a0(GEMI.O)<\/a><\/p>\n\n\n\n

Other European listings in the works include Swiss Marketplace Group, which is likely to price its IPO towards the top of its stated price range, a bookrunner said on Wednesday.<\/p>\n\n\n\n

The float, which is set to raise roughly 900 million Swiss francs ($1.1 billion), could value the online marketplace operator at up to 4.5 billion Swiss francs, the bookrunner said.<\/p>\n\n\n\n

German prosthetics firm Ottobock has also announced plans to list in Frankfurt this year.<\/p>\n\n\n\n

($1 = 0.8435 euros)<\/p>\n\n\n\n

($1 = 0.7866 Swiss francs)<\/p>\n","protected":false},"excerpt":{"rendered":"

Switzerland’s Verisure plans to list on the Stockholm bourse, targeting to raise 3.1 billion euros in a significant IPO. The funds will refinance debt and support its acquisition of ADT Mexico. With a strong customer growth and rising profits, Verisure aims to capitalize on the revitalized European IPO market.<\/p>\n","protected":false},"author":1,"featured_media":495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/swedishpost.org\/index.php?rest_route=\/wp\/v2\/posts\/491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swedishpost.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swedishpost.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swedishpost.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/swedishpost.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=491"}],"version-history":[{"count":0,"href":"https:\/\/swedishpost.org\/index.php?rest_route=\/wp\/v2\/posts\/491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swedishpost.org\/index.php?rest_route=\/wp\/v2\/media\/495"}],"wp:attachment":[{"href":"https:\/\/swedishpost.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swedishpost.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swedishpost.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}