(News Bulletin 247) – Planisware, a specialist in project management software, announced on Thursday that it was preparing its IPO with the triple objective of increasing its notoriety, pursuing its growth strategy and strengthening its position on the market.
Founded in 1996 by four entrepreneurs, Planisware provides project management solutions to help organizations design, plan and deliver their projects, project portfolios, programs and products.
With nearly 600 employees, Planisware today serves approximately 500 customers in more than 30 countries in Europe, North America and Asia.
In 2022, its turnover reached 132 million euros, representing an average annual growth rate of 20% during the period 2020-2022, with an EBITDA margin of 31%.
In a press release, the company said it wanted to take advantage of the strong growth in the sector of the ‘project economy’, which sees companies spending nearly 48 trillion dollars on projects each year.
Planisware, which seeks admission to trading on Euronext Paris subject to approval of its document by the AMF, did not specify the timetable for the operation.
Its founders are expected to retain a majority stake in the company following the IPO.
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