In this Research Note, we examine Verisure, the monitored security services firm that has recently completed its IPO. We highlight the transaction details, explore the business, based on its IPO prospectus and recent company presentations, before commenting on their strategic acquisitions in the self-monitored and professionally monitored security markets.  Transaction Details Verisure completed its IPO on 8th October 2025, with shares beginning trading on Nasdaq’s Stockholm Stock Exchange the same day. The listing raised €3.2 billion at €13.25 per share, valuing the company at €13.7 billion and marking Europe’s largest IPO in three years, according to Bloomberg. Verisure announced it will use the IPO proceeds to pay down its debt, reducing net leverage to approximately 3.0x EBITDA, and to refinance existing borrowings. The funds will also support its planned acquisition of ADT Mexico from Johnson Controls, a deal the company agreed to in June 2025. Verisure Profile Verisure is a leading provider of professionally monitored […]