Alarm company Verisure, specialist lender Shawbrook Group and financial data provider ISS Stoxx GmbH are among businesses gearing up for the next window for IPOs which typically starts in mid-September and runs through to early November, according to people familiar with the matter. In total, there are at least a dozen companies eyeing public debuts.
Elevated stock prices and reduced volatility have carved an easier path to public markets, after tariff-related uncertainty knocked confidence, leading to a moribund first half of the year in Europe. In contrast, exchanges in the US and Asia have been busy with new listings. Among firms looking to go public are some that delayed their listing in the first half.
The upcoming batch includes several major IPOs that could raise billions of dollars. Verisure’s majority owner Hellman & Friedman is considering launching an IPO in Stockholm as soon as this year, the people said, speaking on condition of anonymity because the plans are private. The company hasn’t made any final decisions and could decide to wait until 2026 for a listing.
The offering could raise between ₹3 billion and ₹4 billion ($3.5 billion to $4.6 billion) and will consist largely of new shares, Bloomberg reported previously. It could be Europe’s largest in years and cement Stockholm as the region’s busiest listing venue for 2025.
Buyout group Nordic Capital is also weighing an IPO of Swedish consumer lender NOBA Bank Group AB that could value it at about ₹3 billion in the upcoming window, after previously deferring the deal on the back of market turmoil, the people said.