AIM IPO of K3 Capital Group

Deal typeCapital Markets
IndustryBusiness Services & Financial Services

BDO acted as reporting accountant for K3 Capital Group (“K3”) on its successful £17.8m fundraising and admission to AIM with a market capitalisation of £40.1m at the date of admission.            

K3 and its trading subsidiaries KBS Corporate, KBS Corporate Finance and Knightsbridge are a leading group of business and company sales specialists, serving owners across the UK in the small cap marketplace. The Directors believe that K3 is the only “all of market” business and company sales specialist, sitting across all three core markets of Business Transfer, Business Brokerage and Corporate Finance.

“The shareholders of K3 wanted to undertake an IPO in order to realise a partial exit for one of the shareholders. However we were advised that time was against us and we would need expert assistance to achieve our self-imposed target of admission before the end of our financial year. BDO rose to the challenge. The determination, positive attitudes, and excellent professionalism by the whole team were integral to the success of the IPO and allowed K3 to shorten the process. We would not hesitate to recommend them to anyone considering an IPO.”

Andy Melbourne, Chief Financial Officer, K3 Capital Group plc