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SPAC
BUSINESS PRODUCTS & SERVICES

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Founded Year

2021

Stage

IPO | IPO

Date of IPO

1/22/2021

Market Cap

0.60B

Stock Price

5.45

About Virtuoso Acquisition

Virtuoso Acquisition (NASDAQ: VOSOU) is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Virtuoso Acquisition Headquarter Location

180 Post Road East

Westport, Connecticut, 06880,

United States

203-227-1978

Latest Virtuoso Acquisition News

musicMagpie, Victorian Plumbing and LadBible: The North West companies which went public in 2021

Dec 31, 2021

musicMagpie, Victorian Plumbing and LadBible: The North West companies which went public in 2021 A range of businesses joined the likes of THG, JD Sports and Pets at Home as public companies in 2021 Sign up to FREE email alerts from BusinessLive North West Invalid EmailSomething went wrong, please try again later. Sign Up We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribingWe have more newsletters Show me See our privacy notice The North West is already home to some of the largest and most well-known listed companies in the UK. From the likes of THG in Manchester, B&M in Merseyside and Pets at Home in Cheshire, the region is not short of household names being quoted on the London Stock Exchange or its junior, AIM. But 2021 also saw a whole host of private companies from across the North West join their ranks. musicMagpie MusicMagpie is listed on the London Stock Exchange's AIM market (Image: MusicMagpie) In April , Greater Manchester-based MusicMagpie completed its float on the London Stock Exchange's AIM market in a move which valued the business at more than £200m. The online retailer, which resells the likes of second-hand phones, revealed earlier that month that its share placing on London's junior stock market would see shareholders receive £95m and the company £15m. The move gave the firm, which employs more than 1,000 people in the UK and US, a valuation of about £208m on admission. Founded in 2007, the group has operations in Stockport and in the US in Atlanta, Georgia. A Victorian Plumbing advertising campaign saw Laurence Llewelyn-Bowen featured as the brand’s star employee Online bathroom retailer Victorian Plumbing completed what was then the largest ever IPO on the London Stock Exchange's Alternative Investment Market in June this year. The Merseyside-headquartered firm, which first announced plans to float on the London Stock Exchange's AIM market earlier that month , placed 4,427,481 new ordinary shares and 109,122,138 existing ordinary shares at a price of 262p each. (Image: In The Style) Online womenswear fashion brand In The Style floated on the London Stock Exchange's AIM market in March. As a result, the Salford-headquartered company raised £11m through a share placing while a further £49m was secured for existing investors. The firm had a market capitalisation of about £105m at the time. The business, which was founded in 2013 by entrepreneur Adam Frisby with £1,000 of seed funding from his bedroom, works with influencers on a long-term basis to collaboratively design, develop and promote branded fashion collections. Arian Kalantari and Alexander (Solly) Solomou of LadBible The group behind LadBible and UNILAD recently completed a £360m float on the London Stock Exchange's AIM. LBG Media, which is headquartered in Manchester, has raised £30m for the group and £81.1m for selling shareholders with the move. The group was co-founded in 2012 by chief executive Alexander (Solly) Solomou and chief operating officer Arian Kalantari while studying at university. The group's brands also include SPORTbible, Tyla and GAMINGbible and it has offices in London, Dublin, Melbourne and Sydney. Chris Hill, founder and CEO of Northcoders Software coding training programmes provider Northcoders Group completed its float on the London Stock Exchange's AIM, raising millions in the process, in July this year. The Manchester-based company, which had a market capitalisation of about £12.5m at the time, raised from investors gross proceeds of £3.5m by way of a placing and subscription of 1,944,444 new ordinary shares of one penny each at a price of 180 pence per share. On admission, the company had 6,944,445 ordinary shares in issue and a free float of approximately 29.6%. Net proceeds of the placing were mainly to be used to "facilitate its stated growth strategy", particularly enabling it to roll out its model geographically with an additional hub in Birmingham and the opening of two other regional hubs in 2022. Richard Barlow, CEO of wejo Wejo, the Manchester-based connected vehicle data company which is backed by US giant General Motors, floated on the Nasdaq after completing a reverse merger. The deal with Virtuoso Acquisition Corp was first announced at the start of June and valued the North West business at $800m. As a result of the move, Wejo has received about $225.7m. Wejo was founded in 2014 and employs more than 250 people. DSW Capital's Nicole Burstow and James Dow DSW Capital, which is headquartered in Cheshire, had a market capitalisation of £21.4m following the float, based on a share price of 100p. The company currently has 19 licensee businesses with 82 fee earners in offices in Daresbury, Manchester, Leeds, London, Reading and Aberdeen. For the year to the end of March 2021, DSW Capital generated an operating profit of £1.7m and operating cash flow of £800,000. CEO and co-founder James Dow sold no shares in the IPO and holds c.14.5% of the group. Possible floats in 2022 There will be a whole host of companies in the North West which will float on the London Stock Exchange or AIM in 2022. Their identities remain unknown at the moment but we do already know of a handful of firms which are planning to go public. In July 2021 BusinessLive reported that online shopping giant Very Group could be floated on the London Stock Exchange, which might net a £4bn payday for the billionaire Barclay family. The owners of the Merseyside-headquarter firm appointed STJ Advisors, which works with companies ahead of public listings, to prepare Very Group for a potential stock market debut. At the start of September , online market place Fruugo confirmed its intention to float on the London Stock Exchange's AIM. The Cumbria-headquartered enables retailers to generate sales to shoppers in up to 42 countries currently, operating in 28 languages and 31 currencies. At the time the company said it hoped to float in October, but as of yet the move had not been made. Follow BusinessLive

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