Softline Holding plc successfully priced its IPO on the London Stock Exchange, raising approximately $400 million to support growth and acquisitions in the digital transformation and cybersecurity sectors.
Information on the Target
Softline Holding plc, a portfolio company of Da Vinci Capital, is a prominent global provider of information technology solutions, focusing on the domains of digital transformation and cybersecurity. The company is recognized for its innovative approaches to addressing complex IT challenges faced by businesses in various sectors.
On October 27, 2021, Softline announced the pricing of its initial public offering (IPO) on the London Stock Exchange, offering 53.3 million global depositary receipts (GDRs) representing newly issued ordinary shares. The shares are set to trade under the token SFTL, with the IPO price established at $7.50 per GDR, generating an estimated $400 million in proceeds to fuel acquisitions and support general corporate growth initiatives.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
The IT solutions industry in the UK is robust, characterized by rapid technological advancement and a strong emphasis on digital transformation. The shift towards cloud computing, cybersecurity, and software dev
Similar Deals
Nucleus Clyde Acquisition Limited → Curtis Banks Group PLC
2023
Bloom Equity Partners → GRC International
2023
Centricus Acquisition Corp. → Arqit Ltd.
2021
Penta Capital → TalkTalk
2021
Toscafund and Penta Capital → TalkTalk
2021
Da Vinci Capital
invested in
Softline Holding plc
in 2021
in a Public-to-Private (P2P) deal
Disclosed details
Transaction Size: $400M
Enterprise Value: $1,500M
Equity Value: $400M