PE-backed Allfunds to list within weeks

The company – which is backed by private equity firm Hellman & Friedman, Singapore's sovereign fund GIC, and France-based banks BNP Paribas and Credit Suisse – will sell around 25% of its shares. 

Mergermarket reported last month that the company's backers could raise around €2bn through the IPO and that the company could be valued at €6-7bn. 

BNP Paribas, Credit Suisse Securities Sociedad de Valores, Citigroup Global Markets and Morgan Stanley Europe are acting as joint global coordinators. Rothschild & Co is acting as independent IPO adviser to Allfunds.

Founded in 2000 and based in Madrid, Allfunds is a bank offering intermediation and investment services to commercial banks, private banking institutions, fund managers and insurance companies.

In 2020, the company recorded €370m in revenues, and €263m adjusted EBITDA.

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• Topics
• Exits
• Southern Europe
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• Hellman & Friedman LLC
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• BNP Paribas
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