Camden Market IPO: First punks, then goths – now London’s alternative hotspot prepares for stock market investors December 8, 2014 For years a beacon of London’s alternative scene, it is perhaps symbolic that Camden Market is to float on the city’s Alternative Investment Market. Though how far it has come – masterminded by Israeli technology entrepreneur Teddy Sagi, Market Tech Holdings has bought up 11 acres of market real estate across the Camden Borough and now [...]
Camden Market IPO: Owner Market Tech Holdings aims for £100m listing on Aim December 8, 2014 The owner of Camden Market, Market Tech Holdings, yesterday announced its intention to list on London’s Alternative Investment Market. Market Tech is the holding company of a group that combines real estate assets in Camden Borough – namely Camden Stables Market, Hawley Wharf, Union Street Market and Camden Lock Market – with an [...]
FinnCap profits jump on boom in flotations and fundraisings December 2, 2014 BROKER FinnCap almost doubled its capital-raising in the past six months, the firm reported yesterday. The boom in flotations helped the mid-market specialist to raise £135m for clients, up from £75m in the same period of 2013. Revenues climbed 23 per cent to £8.5m, and pre-tax profits jumped 30 per cent to £1.3m. FinnCap’s work [...]
Lending Club IPO: World’s largest online marketplace preparing for $4bn US stock listing December 1, 2014 Lending Club, the world’s largest online marketplace directly connecting borrowers and investors, now intends to raise as much as $800m (£508m) in its upcoming initial public offering in New York. In an updated prospectus yesterday, the peer-to-peer (P2P) lender revealed it plans to price its stock between $10 and $12 a share, giving it a [...]
Gfinity IPO: eSports mania set to hit London with sector’s debut float November 30, 2014 In a move that surprised many, Amazon forked out just under $1bn in August to acquire online electronic sports (eSports) TV channel Twitch. For the majority in the UK, it was a first introduction to eSports: the world of online competitive video gaming. The industry attracts not only people who compete against each other, but [...]
£106m Quantum IPO puts Zeus Capital over £1bn raised November 27, 2014 Zeus Capital has advised on over £1bn worth of funds raised on Aim this year, after securing £106m for Quantum Pharma’s float next month. Quantum, the County Durham-based firm, is set to become the biggest pharmaceutical and biotech float on Aim this year with a valuation of £125m when its shares begin trading on 11 [...]
Blackstone rejects $2bn offer for Center Parcs as it mulls a flotation November 24, 2014 London-based private equity firm BC Partners and the Canada Pension Fund (CPP) have had $2bn (£1.27bn) joint takeover offer for Center Parcs rejected by owner Blackstone Group. US investment conglomerate Blackstone is understood to have rejected the offer because it undervalued the British holiday park operator. A report on Sky News last night said it [...]
Focusrite IPO: Audio products company looks to amplify growth with Aim listing November 24, 2014 British music and audio products company Focusrite yesterday announced its intention to float on London’s Alternative Investment Market (Aim). The High Wycombe-headquartered company provides hardware and software products for musicians. It has two established brands: Focusrite, which makes audio interface and other products for audio recording musicians; and Novation, which allows customers to make electronic [...]
Gail’s IPO: London bakery decides to keep its bread in the oven as it delays flotation November 23, 2014 Upmarket London bakery Gail’s has delayed until the new year plans to float on the stock market. The company, which has 17 bakeries in the capital’s more affluent neighbourhoods, such as Barnes, Dulwich Village and Hampstead, is part owned by serial entrepreneur Luke Johnson, who is also chairman. Earlier this year, Johnson’s investment firm, Risk [...]
GoDaddy pushing ahead with $4.5bn IPO as Google announces plan to enter its domain November 20, 2014 GoDaddy.com is pushing ahead with an initial public offering (IPO) early next year that would value the world’s biggest domain registration service at roughly $4.5bn (£2.9bn). A report yesterday in the New York Post said that chief financial officer Scott Wagner met analysts last week to give an update on GoDaddy since it first filed [...]