Spanish technology consultancy AtSistemas has begun plans to debut on the BME Growth with the end of the year as a tentative date through a listing of its shares, as reported by the company, which has selected Renta 4 and Cuatrecasas as registered advisor and legal counsel, respectively, to pilot the process of debut in this selective. The company’s plan is to carry out the placement of shares at a discount, primarily among its employees, before its debut on the markets.
With the jump to the former MAB, AtSistemas seeks to strengthen its commercial position and make it easier to carry out mergers and acquisitions. The company recently opened offices in the United Kingdom and the United States and expects to have more than 2,300 employees by the end of the year. It also closed the 2021 financial year with a turnover of 97.3 million euros, a 24% increase.
The CEO of AtSistemas, Manuel Rufino, stressed that the company is meeting its forecasts for a “promising 2022” and stressed that he is confident that the IPO “together with other strategic moves” will allow the company to sustain or increase its growth rate.
Cuatrecasas’ team is being led by senior associate Roger Freixes.