EQT-Backed SAP Rival Eyes Stock Market Return as Early as 2020
- IFS is snatching clients from larger rivals: CEO Darren Roos
- Swedish software vendor grew sales, profit in first half
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IFS AB, the Swedish software maker owned by EQT Partners, is on track for a stock-market listing as early as 2020.
It’s "very likely" that IFS, which competes with larger rivals SAP SE and Oracle Corp., will IPO late next year or the year after, Chief Executive Officer Darren Roos said in an interview.