Taylor Wessing advises B.P. Marsh & Partners Plc on AIM admission

European law firm, Taylor Wessing, has advised B.P. Marsh & Partners Plc, the niche venture capital provider to early stage financial services businesses, on its admission to the AIM market of the London Stock Exchange.

The initial placing of 9.3 million shares at £1.40 per share raised gross proceeds of £13 million for the company and shareholders, with a total of 29.3 million shares in issue upon admission.  BP Marsh had an initial market capitalisation of over £41 million.

The Taylor Wessing team was led by insurance partner Peter Kempe and corporate associate, Kathryn Tarbutt supported by Hugh Merritt (corporate and regulatory), and Camilla Marriott (employment). 

Peter Kempe commented:

"Taylor Wessing has acted for the B. P. Marsh Group since its formation and, having advised the B.P. Marsh Group on all of its private equity and venture capital investments, was delighted to be able to advise the group on its own IPO."

Rawlinson & Hunter acted as Reporting Accountants.