IPO advisory for Danish growth and SME companies
An IPO is a strategic milestone that can provide access to capital, increased visibility, and enhanced credibility. However, the process is complex and requires extensive preparation.
At Grant Thornton Corporate Finance, we hold a leading position as a financial adviser to Danish growth companies on Nasdaq First North Growth Market. As an approved Certified Adviser, we help Danish companies navigate IPOs and other capital markets transactions with confidence, from the initial strategic considerations through to the listing itself and beyond.
IPO as a strategic tool
An IPO is both a financing tool and a strategic decision. It can provide access to capital for growth and acquisitions, increase market visibility, and establish a market valuation for the company that can be actively utilised, including in connection with incentive programmes and acquisitions.
At the same time, becoming a listed company places greater demands on reporting, corporate governance, and transparency. It is therefore important to assess whether an IPO aligns with the company’s strategy, ownership structure, and organisation—and whether the timing is right.
Nasdaq First North Growth Market
Nasdaq First North Growth Market is designed for growth companies seeking access to the capital markets but that are not yet ready to meet the requirements of a regulated market such as Nasdaq Main Market. The requirements relating to prospectuses, reporting, and corporate governance are less extensive than those of the main market, but still significantly higher than those applicable to privately held companies.
The market is particularly relevant for small and medium-sized enterprises with a compelling growth story and a capital requirement to support their future ambitions. As a Certified Adviser on Nasdaq First North Growth Market, we provide guidance on IPO readiness, the admission-to-trading process, and the ongoing requirements and opportunities of life as a listed company.
Grant Thornton is an approved Certified Adviser by Nasdaq Copenhagen.
We advise on and execute IPOs and secondary capital raisings for dynamic growth companies with a proven product-market fit, international growth potential, and a strong market position in Denmark or across the Nordic region. We advise companies across all sectors, but have established a particularly strong position within the Technology and SaaS (Software-as-a-Service) sectors. We have also assisted a wide range of companies operating in other industries.
From initial considerations to IPO readiness
An IPO should be based on the company’s long-term strategy and capital requirements. We help clarify the purpose of the listing, capital needs, shareholder expectations, and any alternative financing options that may be relevant.
Once the decision to pursue an IPO has been made, we advise on the choice of market and transaction structure, IPO readiness and timing, corporate governance and reporting requirements. We also coordinate the collaboration with other advisers, including legal counsel, auditors, and banks. Our objective is to ensure a well-structured process that provides management and the board with full oversight while allowing the company to remain focused on its day-to-day operations.
Strategy, structure and capital: how we support you
As a financial advisor and Certified Adviser, we assist with
Strategy and preparation
- Clarifying whether an IPO is the right solution and when the timing is optimal
- IPO readiness, risks and growth plans
Capital and transactions
- Structuring capital raising and any pre-IPO transactions
- Input on valuation, offering structure, and dialogue with key investors
Market and investors
- Selection of market (e.g. Nasdaq First North Growth Market)
- Equity story, investor materials, and market communication
Governance and organisation
- Board composition, reporting, and governance structure
- Preparation for the requirements and expectations of being a listed company
Contact us about an IPO or capital raising
We advise ambitious growth companies on IPOs and secondary capital raising — from strategy and preparation to execution.