BDO supports The Beauty Tech Group ahead of IPO

The commencement of unconditional dealings in the shares on the London Stock Exchange is expected to take place at 8.00 a.m. on 8 October.

Led by partner Laura Stuffins, the team from BDO prepared the International Financial Reporting Standards (IFRS) conversion and historic financial information as well as other technical accounting matters. BDO’s tax team also performed the tax structuring work.

Laura Stuffins, partner at BDO in the North West, said, “The Beauty Tech Group’s successful IPO is a fantastic example of a North West scale-up which has achieved rapid growth through innovating category-leading beauty technology and building a global brand portfolio.

“The IPO will position the business well for investing in future innovation and ongoing international expansion. It’s hugely encouraging to see a North West-founded business choosing to list domestically, potentially revitalising the London IPO landscape. This is a milestone worth celebrating for the company and for the rest of the UK’s economic engine.

“At BDO, we are uniquely positioned to offer clients the scale to assemble the best group of subject matter and sector experts from our national and international network while maintaining the ability to be agile, innovative and understand the markets in which our clients operate.

Laurence Newman, Founder & CEO of The Beauty Tech Group said, “On behalf of the Board I would like to thank Laura and the BDO team for their support throughout the IPO process. Their hard work in the lead up to our listing on the London Stock Exchange was greatly appreciated and the entire team should be proud of their involvement in this incredibly exciting milestone for the business.”