sdm SE goes public with Heuking
Munich — The Munich-based security company sdm SE achieves an IPO. A total of 336,060 shares were placed at a unit price of 3.50 euros per share. The shares originate entirely from a capital increase. As a result, sdm received gross issue proceeds of 1,176,210 euros. With the capital from the IPO, sdm intends to implement its M&A strategy and accelerate growth.
The share is expected to be listed on the Düsseldorf Stock Exchange from November 3, 2021. In addition, sdm is aiming for an Xetra listing. The issuing companion is Wegerich, Prof. Dr. Hofmann, Zantiotis & Söhne AG.
sdm SE is the holding company of the operating subsidiaries sdm Sicherheitsdienste München and W&W Dienstleistungen. Founded in 1999, the group is one of the leading security service providers in the Munich metropolitan region. sdm specializes in plant and property protection, transport of valuables and money as well as the organization of events and personal protection. The more than 300 employees have extensive knowledge in the areas of first aid and fire protection and receive regular training. In 2020, sdm generated sales of 10.4 million euros and an operating profit of 0.88 million euros.
Advisors to sdm SE: Heuking Kühn Lüer Wojtek
Dr. Thorsten Kuthe, Photo (Lead Partner, PArtner Capital Markets Law), Cologne, Madeleine Zipperle, Cologne, Meike Dresler-Lenz, Cologne, Anna Richter, LL.M., Cologne, Ebru Köroglu, Cologne