Selkirk Group PLC, a London-based acquisition firm targeting the UK’s consumer, technology, and digital media sectors, now anticipates its AIM initial public offering (IPO) early next month, following an initial plan for October.
Kelso' Selkirk says IPO in early November
Currently, the company is jointly owned by Kelso Group Holdings PLC, a London Main Market-listed investor, and a fund managed by Belerion Capital. Selkirk aims to raise GBP 7.5 million in its IPO, with Zeus Capital Ltd serving as the nominated adviser and broker.
Further acquisitions ahead
Post-listing, the company’s strategy is to pursue a reverse takeover of a target company valued between GBP 30 million and GBP 1 billion.
