Business Services

Van Elle

Year

2016


Transaction type Equity Capital Markets & Corporate Broking

Sector Business Services

finnCap have advised Van Elle, the geotechnical contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, on their IPO, admission to AIM and £40m placing.

Michael Ellis, Chairman, commented:

“We are absolutely delighted to have successfully brought Van Elle to the AIM market. We have worked tirelessly over the last thirty two years to build the company in to the established market leader that it is today. There is significant opportunity ahead and admission to trading on AIM will help us to accelerate the growth of the business.”

Jon Fenton, Chief Executive, commented:

“We have a clear three-pronged strategy for growth centred on growing market share, developing new products, services and geographies and targeting bolt-on acquisitions. As a quoted company we will be able to fast-track the implementation of that strategy and I look forward to reporting on our progress as we embark on the next stage of our exciting journey.”