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BDO has provided accounting and tax advisory support to The Beauty Tech Group ahead of the company’s listing on the London Stock Exchange.
Unconditional dealings in the shares are expected to begin at 8am on 8 October.
The professional services firm acted as conversion accountants and tax and structuring adviser prior to the initial public offering (IPO).
The work, led by partner Laura Stuffins, involved preparing International Financial Reporting Standards (IFRS) conversion and historic financial information, alongside other technical accounting matters. BDO’s tax team also advised on tax structuring.
Stuffins said: “The Beauty Tech Group’s successful IPO is a fantastic example of a North West scale-up which has achieved rapid growth through innovating category-leading beauty technology and building a global brand portfolio.
“The IPO will position the business well for investing in future innovation and ongoing international expansion. It’s hugely encouraging to see a North West-founded business choosing to list domestically, potentially revitalising the London IPO landscape.”
She added that BDO’s national and international network enables it to “assemble the best group of subject matter and sector experts” while maintaining an agile and market-focused approach.
Laurence Newman, Beauty Tech Group founder and chief executive, concluded: “On behalf of the board I would like to thank Laura and the BDO team for their support throughout the IPO process. Their hard work in the lead-up to our listing on the London Stock Exchange was greatly appreciated.”
