H&F Picks Stockholm for €20 Billion Security Firm Verisure’s IPO

Hellman & Friedman has selected Stockholm as the preferred venue for an initial public offering of security firm Verisure, according to people familiar with the matter.

The US buyout giant has added Nordic lender DNB Carnegie as a joint global coordinator for the planned listing, the people said, asking not to be identified as the discussions are private. Goldman Sachs Group Inc. and Morgan Stanley are leading the lineup of advisers for the deal, Bloomberg News has reported. A listing could value Verisure at more than €20 billion ($23 billion) including debt, the people said.