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Exclusive Networks to raise €260m in IPO

Exclusive Networks to raise €260m in IPO

Exclusive Networks has confirmed its IPO move on the Euronext Paris exchange in a plan to raise around €260m to fund future growth.

The international distributor and cyber security services specialist had sales of €2.9 billion in 2020 and an adjusted EBITA of €108m.

Jesper Trolle (pictured), chief executive officer of Exclusive Networks, said: “Our proposed IPO on Euronext is a natural next step for us and recognises three vital pillars of our success - our people, partners and growth strategy.

“We have built our success on strong enduring relationships within the complex cyber ecosystem, with vendors and channel partners. We are the partner of choice for more than 240 leading vendors, enabling them to reach more than 18,000 resellers around the world,” said Trolle.

With its HQ in France, the company has offices in 40 countries and can service customers in over 150 countries.