Media Release: Dublin, Ireland – 30th September 2019

Cora Systems, a leading provider of global enterprise portfolio and project management solutions, is pleased to announce that it has been approved to join the 2019/20 edition of IPO Ready.

IPO Ready was launched by Euronext Dublin, the group which operates the Irish Stock Exchange, in 2015 to give selected companies a forum to develop their financial growth strategy. It focuses on achieving the best mix of options for business growth. Financing is the fuel for scaling a business, as Cora grows, achieving the right finance strategy is critical to enabling its expansion. The programme includes modules on getting companies’ investment ready as well as developing the ability to attract domestic and international investors and access to equity markets in order to scale the business. IPOready is designed for Companies who may consider an IPO in the future but also for businesses considering different investor types (private equity or VC). The IPO Ready programme attracts a calibre of business that is poised for growth and has the ambition and potential to achieve it.

Orla O’Gorman, Head of Equity Listing Ireland for Euronext, said:

“We are delighted to welcome Cora Systems to IPOready. The programme is designed to support ambitious companies like Cora Systems in understanding and preparing for raising strategic finance to scale their business. Cora Systems is also participating in the Euronext pan-European programme for technology companies, TechShare, at the campus sessions in Rotterdam and Lisbon. We look forward to working with the Cora team and wish them every success on their scaling journey.”

Sarah Sweeney, CFO, Cora Systems said:

“Cora has grown its revenue and its team at an annual rate of 50%, the business has also significantly increased its EBITDA and all this has been achieved from organic growth. Cora is at an ideal stage to access capital markets to raise financing to scale the business further and enter new markets. We look forward to working with the team at Euronext in Dublin and the other impressive participating companies in the IPO Ready programme.”
ENDS

Find out more about Cora Systems below:
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About Cora Systems
Cora Systems is a worldwide leader in providing enterprise project and portfolio management solutions to global organizations and government agencies. It helps its clients manage large-scale programs and portfolios of projects, giving project managers and C-level execs the control, governance and insight to make better decisions. Every day, over $20 billion worth of projects are managed on this platform, supporting hundreds of thousands of users across multiple locations in over 50 countries around the globe. Headquartered in Ireland and with regional offices in Virginia (USA), Dublin (Ire) and London (UK), Cora Systems’ client roster includes Allergan Pharmaceuticals, WSP, PwC, Automated Logic, City of London, Honeywell Building Solutions, and the UK’s National Health Service, in addition to powering the largest transformation program in history of Irish state at Health Service Executive.
For further information Email marketing@corasystems.com or call +353 71 96 22078.
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