IPO of CMO Group Plc

IndustryManufacturing & Retail & Consumer & Technology & Media
Sub-industryBuilding products & Consumer & Technology
Client nameCMO Group Plc

BDO were the reporting accountant on the AIM IPO of CMO Group Plc.

CMO was founded in 2008 and is the UK's largest online-only retailer of building materials, working with major manufacturers to provide a range of over 75,000 products sent directly to CMO's customers. 

With over 12 years of experience, CMO has dedicated support teams and sector experts available to provide their customers with specialist knowledge and advice helping contribute to CMO's 5 star Trustpilot rating.

The flotation will provide the company with a long-term funding model to execute on strategic opportunities whilst restructuring the group's balance sheet to provide additional flexibility for growth.

"We are delighted to have worked with CMO and their other advisers on their successful placing on London's AIM. The successful placing combined with the experienced Management team mean CMO is well placed to continue its growth and take advantage of the digital disruption it is providing its customers in a traditionally bricks and mortar industry."

Andy Harris, Corporate Finance Partner