Nordic Capital has expanded its tech and payments track record, with the highly successful IPO of Cint Group AB (publ) (Cint).
Cint, a global software leader in digital insights gathering, today announced the outcome of the initial public offering of its shares on Nasdaq Stockholm. The offering was substantially over-subscribed, attracting very strong interest from large Swedish and international institutional investors as well as the general public in Sweden. The market capitalisation of Cint, based on the IPO price of SEK72 per share, is approximately SEK9.8 billion.
Technology and Payments is one of Nordic Capital’s focus sectors where it has extensive experience, a strong and active sector network, and a dedicated team with local presence across Northern Europe. As one of Europe’s leading tech investors, Nordic Capital has invested EUR 3.5 bn in 18 tech and payment companies since 2004. It has achieved repeatable success and developed thriving companies as evidenced by the performance of investments such as Bambora, Trustly, Siteimprove, Signicat and the most recent investment in Regtech in 2020.
Read more at: Private Equity Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.