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Permira’s TeamViewer Plans to Launch Big German IPO This Week

  • Software maker’s private equity owner Permira is cutting stake
  • TeamViewer could be valued at more than 4 billion euros
Updated on

The owners of software maker TeamViewer GmbH are planning a Frankfurt listing this year that could be the biggest German initial public offering for a technology company in nearly two decades.

Permira will sell shares in the listing, planned before year-end, via its holding firm, TigerLuxOne, the company said in a statement Wednesday. TeamViewer could seek a valuation of 4 billion euros ($4.4 billion) to 5 billion euros, people familiar with the matter said previously.