Shares in Verisure, the Hellman & Friedman-backed provider of monitored security systems, jumped nearly 25% in their Stockholm stock exchange debut on Wednesday, signalling renewed investor appetite for private equity-backed listings, according to a report by Reuters.
The Switzerland-based firm’s shares climbed as high as €16.53 in morning trading, up from the IPO price of €13.25, which had valued the company at €13.7bn ($15.9bn). The offering raised €3.1bn, with proceeds potentially reaching €3.6bn if the full overallotment option is exercised.
The IPO, Europe’s largest listing so far in 2025, was multiple times oversubscribed, drawing strong interest from both Swedish and international institutional investors, as well as the domestic retail market.
Verisure, formerly Securitas Direct, was spun out of Swedish security giant Securitas and first listed in 2006 before being taken private. Its majority shareholder, US private equity firm Hellman & Friedman, has been invested in the business for more than a decade.
Verisure’s strong debut follows the recent listings of other Swedish-backed companies, including Noba and Klarna, both of which have also seen sharp gains on their first day of trading.
The company said funds from the IPO will support debt reduction and provide additional flexibility for future growth initiatives as it continues expanding its presence across Europe and Latin America.
