Clifford Chance Advises Corporación Financiera Alba on Verisure IPO and Nasdaq Stockholm Listing

"Clifford Chance advised Corporación Financiera Alba on Verisure's initial public offering and Nasdaq Stockholm listing. The IPO, priced at €13.25 per share and valuing Verisure at approximately €13.7bn, is the largest European private equity-backed IPO. Verisure provides monitored security systems in Europe and Latin America."

Clifford Chance advised Corporación Financiera Alba in connection with Verisure's initial public offering and the listing of its shares on Nasdaq Stockholm. The offering, the largest-ever European private equity-backed IPO, was priced at €13.25 per share, implying a total market capitalisation of approximately €13.7 billion. Verisure develops monitored security systems for homes and small businesses across Europe and Latin America. Securitas Direct is part of the Verisure group and is one of the leading security providers in Spain. Corporación Financiera Alba has been a significant minority shareholder in Verisure since its initial investment in 2019, when Clifford Chance also acted as legal counsel. Clifford Chance represented Corporación Financiera Alba with a team composed by: Private Capital/M&A partner Samir Azzouzi; senior associate Pablo Hernández; senior associate Francisco Pizarro; senior counsel Roberto Grau; associate Nagore Ayerza; Luxembourg counsel Lauren Harris; and associates Cristina Mudure, Ramona Willems and Marie Georg.

Clifford Chance Advises Corporación Financiera Alba on Verisure IPO and Nasdaq Stockholm Listing

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