Hellman & Friedman May List Alarm Company Verisure, Sky Says

  • Float may be at least 12-18 months away, location uncertain
  • Security firm may be valued at more than €20 billion
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Private equity firm Hellman & Friedman is in the early stages of planning a listing of Verisure that could value the security group at more than €20 billion ($20.5 billion), Sky News reportedBloomberg Terminal, citing people close to the company who weren’t identified.

The float is unlikely to take place before the next 12 to 18 months, the people said, and no formal decision has been taken.