Listing on First North
We advised Aallon Group Oyj and Alexander Corporate Finance Oy, the lead manager, in the listing of Aallon Group on the First North Finland market maintained by Nasdaq Helsinki.
The initial public offering, which consisted of a public offering, institutional offering and personnel offering, was over-subscribed multiple times. The company gained approximately 2,300 new shareholders in the IPO. Trading in the company’s shares on First North began today.
Aallon Group is a national full-service partner specialised in financial administration. The company’s service range includes financial administration services, advisory services, financial management services and specialised industry solutions. Aallon Group has offices in 11 municipalities in Finland and it employs over 200 people. Aallon Group has approximately 2,700 clients, which are mainly small and medium-sized enterprises from several different industries.