OmaSp is preparing their IPO on Nasdaq Helsinki. OmaSp is Finland’s largest independent savings bank. The bank has approx 130,000 clients and their primary focus is retail banking. The IPO expects to value OmaSp at EUR 225m. OmaSp reported a turnover of EUR 85m and EBITDA of EUR 33m in 2017, corresponding to an EV/EBITDA of 6.8x.
