Swedish security services provider Verisure Plc made a strong debut on the Stockholm Stock Exchange on Wednesday, opening at €14.60 per share, marking a 10% jump from its initial public offering (IPO) price of €13.25 apiece.

The company’s IPO raised approximately €3.2 billion ($3.72 billion), making it the largest Stockholm debut in 25 years and the biggest public listing in Europe since 2022. Following the debut, Verisure’s valuation stood at roughly €13.7 billion.

Founded in 1988 in Sweden, Verisure has grown into a leading global player in professionally monitored security systems, offering 24/7 protection and rapid response services. The company provides technology-driven solutions that help deter, detect, verify, and intervene during emergencies, including intrusions, fires, and other life-threatening hazards.

Operating in 17 countries across Europe and Latin America, Verisure serves over 5.8 million families and small businesses, leveraging its advanced security ecosystem to maintain leadership in the smart security sector.

The strong debut reflects investor confidence in the company’s growth potential, underpinned by rising demand for home and small-business security solutions worldwide.