AIM IPO of easyHotel plc

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryLeisure

The BDO Transaction Services has advised easyHotel plc on its AIM IPO and institutional placing. easyHotel plc is an international owner, developer, operator and franchisor of super budget branded hotels and based on its placing price of 80p per share, easyHotel plc will have a market capitalisation of £50m on admission. The money raised in the IPO placing will enable the acceleration of its development and provide access to capital markets which easyHotel plc may look to utilise in the medium term to continue its owned hotel rollout strategy.

"I have worked with many advisors on corporate transactions over the last 20 years and I rate the BDO team of Jeff and Jonathan as one of the best I have worked with. They were easy to deal with and just got on with the work in a very helpful, commercial and pragmatic way. I would definitely use them again".           

Darren Mee, Chief Financial Officer