Pareto Securities AS
TechIT Conference 2022: Pareto Securities paves the way for technology companies to enter the capital market

TechIT Conference 2022: Pareto Securities paves the way for technology companies to enter the capital market

• Virtual TechIT conference on 30 March 2022 brings together more than 60 technology companies from Scandinavia and the DACH region with up to 1,000 international investors
• Focus will be on selected industry topics such as cryptocurrencies & the digital euro, artificial intelligence in football or trends in the IT Service & SaaS market
• Pareto Securities is a long-standing partner for technology companies in the field of corporate finance
• Scandinavian IPO and bond markets offer many opportunities especially for SMEs

Frankfurt, 22 March 2022. Pareto Securities AS, an international investment bank with headquarters in Oslo and a long-standing partner of SMEs in Germany and Scandinavia, successfully completed more than 350 transactions worldwide in 2021, following 250 transactions in the previous year. With its focus on selected sectors, it has also been advising companies from the technology sector on all aspects of corporate finance for more than 35 years. Due to a very active and intact SME capital market, the Scandinavian financial market is also particularly attractive for German SMEs. In 2021, more than 130 IPOs and listings were successfully completed in Sweden and Norway and approximately EUR 4 billion in equity was raised via a total of around 60 IPOs on the Euronext Growth Oslo Stock Exchange (approximately EUR 65 million average volume). In addition, the Nordic high yield bond market set a new record in 2021. With a total primary volume of EUR 19 billion in more than 220 completed transactions, an outstanding market volume of approximately EUR 50 billion was reached for the first time last year.

Gero Wendenburg, Co-Head Investment Banking Germany, comments on the development of tech companies on the Scandinavian financial market: “In 2021, growth companies from the technology sector continued to be highly sought after by institutional investors, so that the trend from the previous year continued, especially in Sweden. Since the beginning of 2022, however, the number of IPO transactions has slowed down due to the geopolitical situation. Thus, it is to be expected that the current year will be strongly influenced by the challenging market environment and that, in the short term, investors will tend to be cautious about strongly growth-oriented TechIT business models. Overall, we remain optimistic about the longer term prospects of the sector.”

Knud Hinkel, analyst at Pareto Securities, adds: “Until 2021, the megatrend of ,digitalisation’ created a very positive business outlook for the tech sector. On the stock market, this was reflected in rising prices for technology companies and a number of IPOs. For 2022, we continue to see a fundamentally positive outlook for the sector. However, tech companies are currently facing the challenge of attracting qualified personnel. This could affect the growth plans of some companies in the short term. Overall, there is a different view for tech stocks at the moment. Some tech stocks have fallen back significantly so far this year. For example, the German TECDAX and the Nasdaq have lost about 17% since the beginning of the year, and the Pareto Nordic SaaS Index calculated by us even more than 20%. The latter shows that especially young companies with good growth prospects but (still) low profitability have suffered from the price declines, while more mature and profitable tech companies are viewed more positively by investors. In addition to the rather high valuation of this segment at the beginning of the year, the prospect of a more restrictive monetary policy by the central banks and, most recently, the Ukraine conflict are likely to play a role in the market consolidation. However, this war should only have a stronger impact on the sector in isolated cases, e.g. those companies with a high geographical exposure.”


TechIT Conference 2022

Pareto Securities will bring together technology companies from Scandinavia and the DACH region with institutional investors and other interested participants at the virtual TechIT Conference 2022 on 30 March 2022. The event will provide a focused insight into the spectrum of technology companies as well as key market drivers and technology trends in the sub-sectors via management presentations, panel discussions and other expert talks. The opportunities offered by cryptocurrencies and the digital euro, what artificial intelligence can do in football and where the IT service market is heading – these are just some of the highlights of a varied program.

Free registration for the TechITService Conference is possible via the platform (here). Further information can also be found on the homepage of Pareto Securities https://paretosec.com/ in the “Events and Conferences” section.


About Pareto Securities

Founded in 1986, Pareto Securities is headquartered in Norway and has offices in Denmark, Finland, Sweden, France, Germany, the United Kingdom, Switzerland, the United States, Singapore and Australia. Pareto Securities has a leading position in the Nordic financial markets and a strong international presence. Pareto Securities offers a wide range of financial services, including equity and fixed income brokerage, equity, debt and project finance, and advisory services in connection with mergers and acquisitions and restructuring.