Exclusive: Avast owners hire Rothschild for $4 billion software IPO - sources

Discussion in 'other anti-virus software' started by ronjor, Nov 7, 2017.

  1. ronjor

    ronjor Global Moderator

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    November 7, 2017 / 4:15 AM / Andrés González, Pamela Barbaglia, Ben Martin
     
  2. cruelsister

    cruelsister Registered Member

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    Actually I think that the Avast IPO at 4 billion USD may be undervalued. Considering Symantec and Trend Micro (although these having a much, much greater Enterprise footprint) are valued at a great many multiples of 4 billion.

    Consider the current footprint of Avast in the Home Security Space:

    https://www.statista.com/statistics...eld-by-antivirus-vendors-for-windows-systems/

    and that they will use the proceeds from the IPO to increase (start) an Enterprise Division, it should be apparent that there is incredible room for growth.

    Finally in 2015 they contemplated an IPO in 2017 for 2 billion USD. The increase to 4 billion is due to the ~40% year over year revenue growth seen in the consumer space alone. The only thing that really surprises me is that they were shortsighted enough to use Rothschild (KMN) instead of Goldman Sachs. We could have gotten them 6 billion just screwing around (no accounting for taste).

    ps- for those that drive a car, fill up this morning...
     
  3. Rasheed187

    Rasheed187 Registered Member

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    Interesting stuff, didn't know they were this big, but it's all about the enterprise, and isn't that already quite crowded? Not sure if the stock is going to be a success.
     
  4. stapp

    stapp Global Moderator

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  5. Rasheed187

    Rasheed187 Registered Member

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  6. ronjor

    ronjor Global Moderator

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