28th January, 2015

Flotation of Patisserie Valerie wins IPO of the year 2015

“This award recognises that the IPO of Patisserie Holdings was a swift, well-executed flotation” states Paul May, CEO of Patisserie Holdings

Patisserie Holdings have been named IPO of the Year at the Grant Thornton Quoted Company Awards 2015. This award ceremony, which is now in its 11th year, has become a must-attend event for high-achieving listed companies quoted below the FTSE 350 through to AIM and ISDX.

Patisserie Holdings took home the award for IPO of the Year at the award ceremony at The Natural History Museum in London.

All companies nominated in the category were judged by a panel of specialists on the amount of money raised, the costs of float, timing, sector and the type of company floated, the judges also looked at the valuation of the company as well as performance since float.

Paul May, CEO, remarks on the win “This is a great achievement for Patisserie Holdings and we are delighted to have won this prestigious award. We’ve worked extremely hard to make this business a success, and will continue to do so.”

Patisserie Holdings is the UK’s largest patisserie cafe chain with over 150 sites nationwide. The company operates five brands – Patisserie Valerie, Druckers Vienna Patisserie, Baker & Spice, Flower Power City Bakery and Philpotts.

“This award recognises that the IPO of Patisserie Holdings was a swift, well-executed flotation.  This could not have happened without the hands-on support the business received from Luke and Ben at Risk Capital Partners.  Their original backing in 2006 and subsequent contributions have played a vital part in the success of Patisserie Valerie.  In my experience, such a long term, constructive partnership with private equity is unusual.  We continue to value their input, and appreciate their advice, contacts and experience.” – Paul May, CEO – Patisserie Holdings