La soci Strasbourgeoise 2CRSI s’introduit sur Euronext Paris

Back

€43.7 million raised; market cap approximately €118 million

Paris – 22 June 2018 Euronext today welcomed the IPO of 2CRSI, a Strasbourg-based producer of high-performance computer servers, on its regulated market.

2CRSI is a French designer and manufacturer of computer servers which combine speed, power, energy-efficiency and artificial intelligence, to meet the economic and environmental challenges of today’s digital sector. Founded in 2005 by brothers Michel and Alain Wilmouth, the company is known in the industry as an expert producer of computer servers. 2CRSI offers services and customised IT solutions for a wide range of client profiles and industries, from data centres and software publishers, to professionals in aerospace and defence, as well as blockchain players. The company has over 100 clients who are market leaders—including Blade, Free, OVH and CGG—and now sells its products in 25 countries.

2CRSI (ticker code: 2CRSI) made its market debut on 22 June 2018 through the admission to trading of 13,494,287 common shares making up its capital, including 4,994,287 new shares issued through a Global Offering[1] after full exercise of the extension clause and before the potential exercise of the over-allotment option.

The offering price was set at €8.75 per share. Market capitalisation on the day of listing was around €118 million, and the operation raised a total of €43.7 million, which could rise to €50.3 million if the over-allotment option is fully exercised.

2CRSI Chairman, CEO and co-founder Alain Wilmouth said: “We are delighted to list on Euronext Paris. This IPO will help accelerate our development of very high-performance computer servers. As a French company actively engaged at the very heart of the data revolution, we are committed to very high and profitable growth. Which made our decision to list on Euronext Paris, which has emerged as the premier pan-European bourse in the Eurozone in recent years, a natural choice.”

 

[1] The Global Offering was made up of a Public Offering which included an Open Price Offer (OPO) in France and a Global Placement with institutional investors in France and other countries.

About 2CRSI 
Based in Strasbourg, and with subsidiaries in Manchester (UK), Dubai and San Jose­ (California)—at the heart of America’s Silicon Valley­—2CRSI specialises in the design and manufacture of very high-performance computer servers. The Group already has more than 100 customers in 25 countries, to whom it has supplied innovative processing, storage and data transfer solutions. In 2017, the 2CRSI Group reported consolidated revenue of €31m, an increase of 169%, with EBITDA at 7.3%. It currently employs more than 130 people. For more information : www.2crsi.fr

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.6 trillion in market capitalisation as of end December 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.