Today, on 23 March 2018, Green Landscaping was listed on Nasdaq First North. The price per share in the IPO was SEK 21, corresponding to a total market value of approximately SEK 745 million.
FSN Capital III is the largest shareholder and will hold approximately 18.6 percent of the shares in Green Landscaping immediately after the IPO. Other shareholders include both Swedish and international institutional investors, there among the Salén family, as well as investors among the general public in Sweden.
Green Landscaping is a leading supplier of services within the Swedish market for maintenance of outdoor environments. The main business comprises a complete offering of maintenance services such as grounds maintenance, landscaping, sports grounds maintenance, as well as arborist services.
Green Landscaping intends to be listed on Nasdaq Stockholm within twelve months after the completion of the listing on Nasdaq First North.
Pareto Securities is Global Coordinator and Sole Bookrunner. Baker McKenzie acts as legal advisor to Pareto Securities. The lawyers involved in the IPO from Baker McKenzie are mainly Joakim Falkner, Stefan Balazs, Ian Gulam and Per Blom.