Finance
Security firm Verisure plans to raise $3.7 billion in Swedish IPO
Published by Global Banking & Finance Review®
Posted on September 17, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 17, 2025
2 min readLast updated: January 21, 2026
Verisure plans a $3.7 billion IPO on the Stockholm bourse, aiming to refinance debt and fund acquisitions. The move could be Sweden's largest IPO in years.
OSLO (Reuters) - Switzerland-based security services firm Verisure said on Wednesday it plans to list on the Stockholm bourse and raise 3.1 billion euros ($3.7 billion) in what could be Sweden's largest initial public offering in years.
The group declined to say how much the IPO could value the company at, adding that it would provide additional information at a later time.
Verisure, initially a division of Swedish security group Securitas called Securitas Direct, said it more than tripled its customer base from 2014 to 2024 and that it still sees substantial room for growth.
"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 a statement.
The group's revenue increased 10.3% in 2024 to 3.4 billion euros, with adjusted earnings before interest and tax of 819 million euros, up 24% on 2023.
The company said it intended to use the net proceeds from the IPO to strengthen its balance sheet by refinancing some of its debt and to fund its acquisition of ADT Mexico.
As part of the IPO, Verisure expects to raise 235 million euros from two existing investors, Alba Investments and Securholds Spain, the company said.
Verisure said the Nasdaq Stockholm exchange had concluded that the company fulfilled the requirements for a listing, provided that the IPO transaction is completed as planned.
Full terms and conditions will be included in an IPO prospectus to be published later, the company added.
Financial advisers on the deal include DNB Carnegie, Goldman Sachs, Morgan Stanley, JP Morgan, Merrill Lynch, Barclays, BNP Paribas, CaixaBank, Nordea, Banca March and Banco Santander, Verisure said.
($1 = 0.8435 euros)
(Reporting by Terje Solsvik. Editing by Stine Jacobsen and Mark Potter)
Verisure plans to raise €3.1 billion ($3.7 billion) in its upcoming IPO.
The company intends to use the net proceeds to strengthen its balance sheet by refinancing debt and to fund its acquisition of ADT Mexico.
Verisure has more than tripled its customer base from 2014 to 2024 and sees substantial room for growth.
Financial advisers for the IPO include DNB Carnegie, Goldman Sachs, Morgan Stanley, JP Morgan, and several others.
Verisure's revenue increased by 10.3% in 2024, reaching €3.4 billion, with adjusted earnings before interest and tax up 24% on 2023.
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