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Memery Crystal advise Zeus Capital on the £300m placing and AIM listing of Revolution Beauty

19/07/2021

At a glance

Memery Crystal are delighted to have advised Zeus Capital as Nominated Advisor and Broker on Revolution Beauty’s £300m placing and admission to AIM, the sixth largest fundraise on AIM ever, and the largest fundraise on AIM to date in 2021. On admission, the company will have a market capitalisation of £495m.

Revolution Beauty was founded by Adam Minto and Tom Allsworth in 2014 to provide customers with high quality beauty products at an affordable price point. The company sells through high-street and online retailers such as ASOS, Boohoo and Amazon, as well as recently launching in 1,800 Target stores in the US. The listing marks an important milestone for the company and provides a solid platform for global expansion.

The Memery Crystal team was led by managing director Nick Davis and partner Melanie Talbot and supported by associate Alex Stanciu and trainee solicitor Florence Sandberg.

Melanie Talbot commented: “It was a pleasure to once again work with the team at Zeus Capital on this transaction, this is another landmark listing for the Zeus team as London continues to be the premier venue for capital raising in Europe. Revolution Beauty have had a fantastic response in the market since announcing their intention to list, and we wish them every success with their global growth plans.

Nick Davis commented: “We are delighted to have advised Zeus on this landmark fundraising hot on the heels of the tinyBuild transaction. It is a pleasure to have worked with the Zeus team on two significant transactions in the first half of this year, both of which are a testament to the strength of the London market for high growth companies.

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