Linklaters advises on largest-ever European private-equity backed IPO Verisure

Linklaters has advised the banks on Verisure plc’s €13.7bn initial public offering and listing on Nasdaq Stockholm.

This landmark listing for Verisure, the leading provider of professionally installed and monitored security services in Europe and Latin America, is the largest-ever European private equity-backed IPO. It is also the largest Swedish IPO in 25 years. The offering raised €3.6bn in proceeds.

“We are immensely proud to have advised on Verisure’s landmark initial public offering, which not only marks the largest-ever European private equity-backed IPO, but is also a testament to Sweden’s role as a champion of equity capital markets in the European Union. That Nasdaq Stockholm continues to attract flagship transactions at the very highest level underlines Sweden’s leadership position and appeal for both issuers and investors.”

Says partner Charlotte Levin. 

“We are thrilled to have supported the bank syndicate on this milestone transaction for Verisure. This landmark IPO not only demonstrates the renewed appeal of the European capital markets, but also the strength of our team at Linklaters.”

Says partner Pam Shores.

The Linklaters team was led by Stockholm Head of ECM and Public M&A partner Charlotte Levin, Global Co-Heads of Equity Capital Markets Pam Shores and James Wootton (both London), and included counsel Asad Ahmed (London), managing associate Sophia Astberg-Pettauer and associates Albert Danielsson, Rick Cuperus, David Carlson, Paulina Lennartson (all Stockholm) and Kevin Stump (London).