34th listing of 2021 on Euronext Growth Milan
International Care Company brings the total number of companies listed on Euronext Growth Milan to 165
Total placement volume of the offering equal to €2.5 million
Milan – 8 December 2021 – Borsa Italiana, part of the Euronext Group, today congratulates International Care Company on its listing on Euronext Growth Milan.
International Care Company operates as an assistance services company in activities related to personal assistance and the management of satellite alarms.
International Care Company represents the 34th listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies and it brings the total number of firms currently listed on Euronext Growth Milan to 165.
In the placement phase, International Care Company raised €2.1 million excluding the potential exercise of an over-allotment option. In the case of the full exercise of the over-allotment option, the total amount raised will be €2.5 million. The free float at the time of admission was 23.26% and the market capitalisation at IPO was €9.1 million.
Gualtiero Ventura, Chairman and CEO of International Care Company, said: “Today is a great day for International Care Company and also a proud moment for all of us who believed in this project. The excellent market response is an acknowledgement of our work and our mission to offer the highest level of assistance to our customers. The IPO will represent an important accelerator not only for our growth and our development plans, but also for a consolidation of our competitive advantage, by continuing to invest heavily in the combination of technological innovation and human relationships.”
Caption: Gualtiero Ventura, Chairman and CEO of International Care Company, rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.
About International Care Company S.p.A. International Care Company S.p.A. works as an assistance services company and was established in 2018 through the conferment of the assets owned by FD Service S.p.A. for the activities related to personal assistance, management of satellite alarms, third party claims management and call centre, and by FD W.OR.L.D. Care S.r.l., for the activities related to the development of telemedicine projects, both founded by Gualtiero Ventura, current Chairman and CEO. Thanks to such contributions combined with thirty years of experience of the founding members in the assistance field and also the presence of the Operations Centre – multilingual, multifunctional and active 24/7, the Company is one of the main domestic operators in offering personal assistance services, with a particular focus in the field of digital health care, by also operating worldwide, indirectly through IAG – Europe’s largest network of service providers in the field of assistance services based in Paris – of which it also holds 9.53% of the related share capital. The Company operates through the following four business lines: National & Worldwide Assistance Services – Travel, Home, Automotive; Health Care Services – Digital Health & Third and Fourth Age; Inbound and Outbound Conciergerie – Call centre Services; Third Party claims management. The Company’s Clients are represented almost entirely by institutional Clients such as insurance companies, tourism and insurance brokers, funds and mutual societies, trade associations, and in general corporations and public bodies. In 2020, the Company achieved a turnover of approximately €4.5 million, of which 69.3% in Italy, 24.9% in Europe and 5.8% the rest of the world.