French software firm launches biggest IPO on EU stock exchange in 3 years

French SaaS company Planisware launched its initial public offering (IPO) today, reaching a valuation of €1.11bn. This is the largest IPO on the Euronext Paris stock exchange in the past three years. Planisware was founded in 1996 by Yves Humblot, Pierre Demonsant, Matthieu Delille, and François Pelissolo. Planisware provides software for enterprise project portfolio management. It counts over 500 blue-chip clients across the globe, including PepsiCo and Pfizer, and employs circa 700 people. The company has seen its consolidated revenue grow at a compounded annual rate of approximately 20% during the last three years — with an EBITDA margin of over…

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