Deals
Permira-Backed TeamViewer CEO Favors Possible German Tech IPO
- Listing could be biggest German tech IPO in at least 5 years
- German software firm’s billings growth sped up in first half
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The chief executive officer of fast-growing software company TeamViewer GmbH would back a share sale if its owner Permira Holdings LLP pursued one, in what would be the biggest German tech IPO in at least five years.
Based in Goeppingen in southern Germany, TeamViewer would be ready for a possible listing at the end of this year or next year if the involved parties decided the timing was right, CEO Oliver Steil said in an interview.