Forty years ago, ALSO Holding AG went public on SIX Swiss Exchange, a move that proved to be transformational. In this latest milestone story, SIX Swiss Exchange sat down with ALSO Holding AG, a leading European technology company, to talk about how its IPO put it on the road to success. Andreas Kuhn, CFO at ALSO Holding AG, looks back at the company’s journey on the public markets, and how being listed has turbo-charged its growth trajectory.
The Challenge: ALSO Holding AG needed access to funding to fuel its growth agenda, in terms of strategic acquisitions and entry into new markets. But to win over investors, ALSO Holding AG had to raise its visibility.
The Solution: As with many IPOs, listing on SIX Swiss Exchange enabled ALSO Holding AG to obtain long-term, investor capital.
The result: Access to liquidity and funding has enabled ALSO Holding AG to pursue an ambitious M&A strategy and broaden its geographical presence, now spanning over 30 markets.
“Being listed on Switzerland's leading exchange lends credibility when we enter new markets, pursue major vendor partnerships, or compete for large enterprise customers. The Swiss listing premium - reflecting the market's appreciation for quality, governance, and stability - has positively influenced our valuation multiples relative to pure-play distributors in other markets.” - said Andreas Kuhn.
Click here for the full ALSO Holding story.