IPO of SoftwareONE with a listing on the SIX Swiss Exchange and with Credit Suisse, J.P. Morgan and UBS as Joint Global Coordinators

On October 25, 2019, SoftwareONE announced the pricing of its IPO, consisting of 38,549,464 existing shares and an over-allotment option of 5,782,419 shares, at CHF 18 per share, implying a total market capitalization (excluding treasury shares) of CHF 2.8 billion. The shares will be listed and start trading today on SIX Swiss Exchange (SIX: SWON).

The shares have been offered by SofwareONE's existing shareholders, including the founding shareholders, KKR and Raiffeisen Informatik, a subsidiary of the Austrian Raiffeisen Group. The three founding shareholders will jointly retain the largest stake in SoftwareONE, while KKR intends to keep a significant stake following the IPO. Credit Suisse, J.P. Morgan and UBS Investment Bank are acting as Joint Global Coordinators and Joint Bookrunners, and BNP PARIBAS, Citigroup, Deutsche Bank, UniCredit and Zürcher Kantonalbank as Joint Bookrunners, and Rothschild & Co as financial advisor of SoftwareONE.

Headquartered in Switzerland, SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions. With around 5,300 employees and sales and services delivery capabilities in 90 countries, SoftwareONE provides around 65,000 business customers with software and cloud solutions from over 7,500 publishers.

Lenz & Staehelin advises SoftwareONE as issuer's counsel. The team is led by Matthias Wolf (Corporate and M&A) and Patrick Schleiffer (Capital Markets) and includes associates Patrick Schärli and Ramona von Riedmatten (both Capital Markets), Iliana Djagova and Ann Francesca Weibel (both Corporate and M&A) and Franziska Stadtherr (Taxation).

Published: 25 October 2019