Acted as sponsor on up to £20m fund raising by unicorn AIM VCT

BDO.LiveSite.Deals.DealTypeM&A
BDO.LiveSite.Deals.IndustryFinancial Services

Our Mergers & Acquisitions team acted as sponsor and financial adviser to Unicorn AIM VCT plc on a £20m offer for subscription of its existing ordinary shares. The issue was achieved in a tight timescale in order to make full use of the current market conditions and improvement in investment sentiment.  Unicorn AIM VCT plc is the largest AIM focused VCT in the market, and is managed by Unicorn Asset Management.        

“BDO showed a real understanding of what we were trying to achieve with the recent £20m offer and the process involved, which enabled us to minimise the time required to bring the product to the market place. I would have no hesitation in recommending BDO's corporate finance team following this experience.”