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Investegate |Forward Partners Grp Announcements | Forward Partners Grp: PLACING AND PROPOSED ADMISSION TO TRADING ON AIM
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Early-stage tech VC Forward Partners to go public in London
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Forward Partners announces intention to float in London
Company expects to raise at least £25m from the share sale (SOURCE: Forward Partners)
Forward Partners, the London-based venture capital firm, announced on Monday morning that it intends to list in London.
The firm said it will seek admission of its shares to trade on AIM, the London Stock Exchange’s junior market.
The company expects to raise at least £25m from the share sale. The funds raised will be used for further investments in its existing portfolio of companies and new investments.
Nic Brisbourne, founder and chief executive officer of Forward Partners, says: “Our big differentiator has always been that we offer start-ups more than money. The combination of capital alongside specialist support for our start-ups has helped us to improve the odds of success for more pioneering founders.”