Despite the market uncertainty seen globally at the turn of the year, companies are still choosing to use the public markets to access capital to fund growth.
Several Yorkshire businesses have recently chosen to float in London, including Wakefield-based video game developer Team17 Group, and Huddersfield’s regulatory and business support services provider SimplyBiz Group. Both of these dynamic firms joined AIM, the world’s largest growth market, last year. They are among the top ten largest AIM IPOs in the last 18 months.
SimplyBiz Group has also taken advantage of its listed status by raising a further £29.1m to support its acquisition of fintech and research firm Defaqto.
SimplyBiz Group PLC (LON:SBIZ) provides compliance support and business consultancy services to financial services, legal and workplace benefits professionals in the United Kingdom.