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In a significant milestone for the digital economy in Switzerland, SMG Swiss Marketplace Group AG has listed its shares on the SIX Swiss Exchange. The IPO, excluding the over-allotment option, raised around CHF 903 million.
Founded on September 2, 2025, by a joint venture including investors such as TX Group, Ringier, Mobiliar, and the American private equity firm General Atlantic, SMG Swiss Marketplace Group has been making strides in the Swiss market since its inception in 2021. The company's largest shareholders are TX Group (31%), Ringier (29.5%), and Mobiliar (29.5%), with General Atlantic holding a 10% stake.
The listing on the SIX Swiss Exchange will provide greater financial flexibility for the company, which offers a range of online marketplaces including Homegate, ImmoScout24, AutoScout24, Ricardo, tutti.ch, and FinanceScout24. These platforms have established a prominent presence in Switzerland, solidifying the company's position in the digital market.
Tomas Kindler, Global Head Exchanges at SIX, congratulated SMG Swiss Marketplace Group on this important milestone. He underscored the strength of Switzerland's digital economy, noting the attractive growth opportunities the country provides for ambitious companies. Kindler also highlighted that the listing of SMG Swiss Marketplace Group underscores this strength.
The IPO saw the offering of 19,629,040 existing shares at an issue price of CHF 46.00 per share. The shares opened at CHF 48.25 each, reflecting a strong market demand. The company's issued and outstanding share capital consists of 98,145,200 registered shares, giving the company a market capitalisation of approximately CHF 4.7 billion.
Christoph Tonini, CEO of SMG Swiss Marketplace Group, expressed his excitement about the opportunities ahead as a public company. He stated that they are proud to be listed on SIX, a prestigious platform that reflects the company's commitment to innovation and growth.
The IPO represents a significant step in the company's growth, providing it with the resources to continue its expansion and development. From September 22, SMG Swiss Marketplace Group will be included in the Swiss Performance Index family, further solidifying its position in the Swiss market.
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