Swedish Listing to Fuel WhitePearl’s European Growth Ambitions

ByWhite Pearl

WhitePearl Holdings, a leading global technology solutions provider, recently listed its shares on the Nasdaq First North Growth Market in Stockholm on 29 June 2023. The company’s shares trade under the ticker symbol WPTG.

According to WhitePearl’s founder and CEO Marco Marangoni, a Swedish listing provides an ideal springboard to drive the company’s expansion across Europe.

“Sweden presents a vibrant technology ecosystem and investor community that aligns well with our culture of innovation. Nasdaq First North Growth Market offers an excellent platform for increasing our profile among European investors and customers as we scale up operations in the region,” commented Marangoni.

As a provider of digital transformation and IT infrastructure services to enterprises worldwide, WhitePearl helps clients harness cloud, mobility, automation, AI and data analytics technologies. With expertise across solutions like SAP, Oracle and Microsoft Dynamics, WhitePearl enables the optimisation of business processes and technology operations.

However, Marangoni believes that Sweden and Europe present a massive yet untapped opportunity for growth. “We have established credentials across emerging markets, but now seek to replicate that success in mature economies like Sweden and Europe where the appetite for digital advancement is immense,” he stated.

Marangoni explained that an increased European presence would serve regional customers better while tapping the continent’s skilled talent pool to strengthen delivery capabilities. It provides proximity to innovate and co-create solutions with Nordic partners and customers.

The Swedish listing also unlocks access to growth capital to fund expansion organically and through acquisitions of European technology companies. “We are well-capitalised to pursue our aggressive growth plans across Europe, including Sweden,” confirmed Marangoni.

In summary, WhitePearl’s strategic listing on Nasdaq First North Growth Market offers an ideal launchpad to broadly scale up its footprint in Sweden and Europe. It strengthens WhitePearl’s capabilities, growth capital and credibility to better serve European organisations as their trusted digital transformation partner.