technological consultancy In systems registered an incorporation document this Thursday to enter. BME Growth with a predictable valuation by the end of the year 152 million € and a price 3.04 Euros for each company title.
The firm thus became fifteenth to register the certificate of incorporation and Seresco will join the cycle of exits on the former Alternative Exchange, which Energy Solar Tech and Emperador Properties have reached in recent weeks.
The firm selected Renta 4 as its advisor for the IPO and made a private placement of 715,857 shares among more than 500 minority investors, including employees, ‘freelancers’ and those close to major shareholders.
The consultancy is owned by its two founders: Jose Manuel Rufinoowns 52.67% of its capital and acts as the CEO, Miguel Angel SacristanHe owns 45.75% and is in the role of sales director.
The company closed its last year with a turnover of 97 million Euros.Net profit of around five million euros, 24.4% higher than the previous year and 64.8% higher than in 2020.
Among the reasons why the consultancy decided to go public, a financing mechanism to attract resources to finance its future growththe possibility of using shares as a counterparty in the settlement of a transaction or greater reputation.
Same way, The firm aims to broaden its shareholder base and provide a mechanism for liquidity and objective valuation of shares.At the same time, it believes that it will increase the reputation of the operation and ensure the loyalty of the workforce.
The company has begun to develop its internationalization in recent years with the opening of offices in Uruguay and London, among others. This November, the firm acquired New Verve Consulting, a Scottish brand specializing in Atlassian technology, for two million euros.
AtSistemas announced the operation through a fixed payment of £1.3m (€1.49m at current exchange rates). and a variable payment of £750,000 (EUR 860,000). The company signed a loan of over one million pounds to undertake the operation.
The company has 2,000 employees and will issue all of the company’s shares.