Visma chooses London for IPO
Briefly

Hg's software division, valuing Visma at €19 billion, has selected London over Amsterdam for its IPO next year, citing London's robust capital markets. Over the years, Hg significantly increased Visma's value through multiple reinvestments and strategic acquisitions. With 70% of Visma's stakes owned by Hg and co-investors, the decision aims to facilitate future growth through public listing. However, the process hinges on necessary reforms post-Brexit. London's IPO environment faces challenges with recent declines in listings, emphasizing the importance of Visma's upcoming move for the local market.
The decision to choose London for Visma's IPO reflects the city's extensive capital markets, which are essential for Hg's ambitions amidst increased competition.
Hg’s stake in Visma reflects longstanding confidence, reinforced by strategic acquisitions that have significantly enhanced Visma's valuation and market position.
Read at Techzine Global
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