finnCap, the leading adviser and broker to ambitious companies, is delighted to have advised K3 Capital Group plc (“K3”) on their IPO and associated £17.8 million fundraise, valuing K3 at £40.1 million. The fundraise was multiple times oversubscribed and attracted a broad range of blue chip institutions and wealth managers.
K3 is a leading sell side adviser to SME owners across a broad spectrum of business and company sales methodologies which spans Business Transfer, Business Brokerage and Corporate Finance. It operates a high volume, scalable process driven approach to business and company sales.
John Rigby, CEO and Tony Ford, Founder and Executive Vice-Chairman said:
“We chose finnCap as our broker as it felt like they were the right fit for us, professional yet friendly, and this feeling has proved right. The whole team worked tirelessly together to deliver a transaction over and above our expectations, in a shorter timetable than we had first envisaged. They introduced us to our new chairman, Ian Mattioli, and secured cornerstone investors at the top of the target price range to ensure momentum during the marketing phase of the transaction. Throughout the transaction they impressed upon us the need to under promise and over deliver, a mantra that they appear to adhere to themselves. A huge thank you to the whole team at finnCap who we look forward to continue working with during the next chapter of our development.”