Private investment house Ardian has partially exited its investment in Planisware, a B2B SaaS software provider to the project economy industry, following the company’s IPO. Planisware’s Co-Founders have retained a majority stake in the business.
According to a press release, the IPO will enable Planisware to “increase its visibility and brand awareness, further accelerating its development”. The company’s shares will be listed on Euronext Paris with a market capitalisation above €1m, with Ardian continuing to support Planisware post-IPO through its remaining 5% stake.
Ardian first acquired its stake in Planisware in 2003.
Planisware was established in 1996 and helps companies to improve their project portfolio management processes, from strategy definition to tracking of deliverables. The provider has 12 offices and 700 employees, supporting more than 545 customers in 38 countries.
