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Packing a punch: B&C helps with one of the largest IPOs this year for Applied Nutrition

Packing a punch: B&C helps with one of the largest IPOs this year for Applied Nutrition

21/10/2024

We couldn’t be more thrilled than to have helped leading sports health brand Applied Nutrition with its planned IPO, seeking to raise up to £220m in what could be one of London’s biggest stock market floats this year.

The company said the IPO - for which books close on Wednesday - would imply an estimated market capitalisation of between £340m and £400m.

Based in Liverpool, Applied Nutrition is backed by sportswear giant JD Sports, and the company notes that four prominent and highly successful North West entrepreneurs have committed to invest a combined £25m in the IPO as cornerstone investors.

We’d like to wish the company every success with its listing, and our thanks to our wonderful clients at Deutsche Numis and Addleshaw Goddard.

If you’d like to find out how we can ensure the success of your most prestigious IPOs, chat with us today: hello@blackandcallow.com

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