AIM IPO of Benchmark Holdings Plc

BDO.LiveSite.Deals.DealTypeTransaction Services

The BDO Transaction Services team has advised Benchmark Holdings plc on its AIM IPO and institutional placing to raise £27.5m (before expenses) for the company and £17.6m for existing shareholders. Total gross proceeds from the placing amounted to £45.1m, making this the largest fundraising in the healthcare sector in 2013 on AIM. Benchmark Holdings plc is an established international animal health, technical publishing and sustainability science business. Based on the placing price, Benchmark Holdings plc will have a market capitalisation of approximately £87.3m on admission.       

"The team at BDO was a pleasure to work with. Their proactive and pragmatic approach proved invaluable due to the fast-paced nature of the IPO process. Their reports were high quality and easy-to-follow. I would have no hesitation recommending them for similar work".   

Mark Plampin - Chief Financial Officer