H&F Adds More Banks to IPO of €20 Billion Security Firm Verisure

Verisure’s majority owner Hellman & Friedman has lined up more banks for a potential initial public offering of the security firm, as it steps up preparations for what could be one of Europe’s largest listings in years, according to people familiar with the matter.

The private equity firm has added Bank of America Corp., JPMorgan Chase & Co., Barclays Plc and BNP Paribas SA to assist with the IPO, the people said. A listing could value Verisure at more than €20 billion ($22 billion), the people said, asking not to be identified because the information is private.