FRP
Reducing risk through proactive, targeted pre-IPO marketing
Case studies
FRP
Reducing risk through proactive, targeted pre-IPO marketing
£80m
Successful raising at IPO
£190m
Market capitalisation at IPO
FRP was the biggest IPO on AIM in 2020, raising £80m and realising a market capitalisation of £190m. Cenkos worked closely with the owner managers of this advisory practice, enabling them to realise £60m whilst retaining a significant stake in the company.
Through a proactive and targeted approach to marketing early in the IPO process, Cenkos were able to ensure there was strong, early demand for the company. This not only de-risked the IPO process ahead of broader marketing efforts but contributed to the client achieving a favourable valuation compared to peers.
Since IPO, Cenkos has continued to work closely with management, advising them as they grow their business as a public company.
‘The team at Cenkos managed the FRP IPO process professionally and were a pleasure to work with throughout. We would not hesitate in recommending them as a trusted partner’Geoff Rowley, CEO, FRP Advisory Group plc
FRP is a leading national business advisory firm working across the board, from multinational organisations to small enterprises. Specialising in forensics, corporate finance, debt, restructuring and pensions, they deliver strategic solutions across a broad range of situations.