€27.2 million raised and a market capitalisation on the day of €143.7 million
Paris – 20th December 2016 – NextStage, a long-term capital investment fund which specialises in Mid-Sized Companies, today celebrated its first day of trading on Euronext Paris. The company is listed on Compartment C of the regulated market (Ticker symbol: NEXTS).
Created in March 2015, NextStage offers an innovation solution accompanying entrepreneurs long-term whilst providing continued liquidity. The company allows access to a set of non-listed shares that are difficult to access, with sustainable growth and performance. NextStage invests without time restrictions (capital patience), accompanying Mid-Sized Companies long-term and providing the necessary means so that they may become market leaders.
NextStage was listed through the admission to trading on 20th December 2016 of 1,437,096 shares, including 272,207 new shares shares issued as part of a global offering.
The admission price was set at €100 per share, and market capitalisation on the date of listing was €143.7 million, and the IPO raised a total of €27.2 million.
Grégoire Sentilhes, Chairman of NextStage AM and Jean-David Haas, CEO of NextStage AM, said, ‘We are very happy this IPO has come to fruition, and it is an important step in the development of NextStage. The participation of our institutional and individual investors, as well as our entrepreneurs, illustrates NextStage’s original and innovative approach: a long term capital investment fund for Mid-Sized Companies with strong growth in France and in Europe. We would like to thank all of our partners and shareholders who have put their faith in us. A successful IPO will allow NextStage to accelerate its investments over the next few months, and to put into place a strategy of accompanying and enhancing our leading companies.’
 The Global Offering was made up of a Public Offering that included an Open Price Public Offering and a Global Placement with institutional investors in France and other countries.
NextStage is an investment company, created in March 2015 and specialising in Mid-Sized Companies (‘MSCs’). It provides access to a category of unlisted assets which are hardly accessible and offer growth and potential. Its investments consist of equity capital with little or no leverage, and with no time limits, together with visionary entrepreneurs. NextStage relies on the know-how and strength of the NextStage AM management company, which was created in 2002. NextStage had already made eight investment by 30 September 2016. It benefits from attractive venture-capital company tax arrangements. The Company’s share capital is held by top rank investors such as Artémis, Téthys, AXA, and Amundi. NextStage intends to draw up an ambitious plan, the objective of which is to accelerate the growth of leading MSCs around four fundamental cross-sector trends resulting from the Third Industrial Revolution, namely: the economy linked to the value of our emotions and the quality of the customer experience; the on-demand and sharing economy; the industrial internet; and positive growth (or green growth).