FRP

Reducing risk through proactive, targeted pre-IPO marketing

Case studies

FRP

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.

FRP received the “Best Newcomer” award at the 2020 AIM Awards
“Cenkos provides us the opportunity to invest into smart and unique, value add property deals.”
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.