• Dr. Martens Prepares for IPO in Early 2021

    15 days ago - By Hypebeast

    Dr. Martens is continuing plans for its IPO early next year, with the private equity company that owns the heritage label appointing two banks to lead the listing. Permira, which acquired the company for around £300 million GBP in 2013, has appointed Goldman Sachs and Morgan Stanley to act as global coordinators on the float. Permira purchased the company from the Griggs family, who had owned the company since it was licensed in the U.K. in the late 1950s. The last full financial year depicts a positive outlook for Dr. Martens, with underlying earnings doubling to the end of March. Like...
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  • Dr Martens selects banks to lead London IPO

    Dr Martens selects banks to lead London IPO

    15 days ago - By Fashion United

    British footwear brand Dr Martens has reportedly chosen Goldman Sachs and Morgan Stanley to spearhead its IPO on the London Stock Exchange.
    The bootmaker's private equity backer, Permira, has appointed the two
    Wall Street giants to act as global coordinators for a flotation being earmarked for next year, Sky News reports.
    Dr Martens was acquired by Permira from the Griggs family in 2014 for 380 million euros.
    Since then it has been a strong performer - in August it reported a 48 percent growth in total full-year revenue to 672.2 million pounds, with strong growth across all channels.
    Photo...
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