London Stock Exchange welcomes Safe Harbour Holdings plc to AIM

London Stock Exchange today welcomes Safe Harbour, a company established with the objective of creating a global leader in B2B distribution and/or business services, to trading on AIM.

Safe Harbour intends to acquire a platform business with an enterprise value in the region of £250 million to £1.5 billion with a market-leading position in the UK, North America or Europe. The initial acquisition is intended to provide a platform for the creation of significant shareholder value through a well-executed buy-and-build strategy.

Rodrigo Mascarenhas, Safe Harbour’s Chief Executive Officer, has 17 years of international business experience, having most recently spent 10 years successfully delivering international growth acquisitions for the FTSE-100 international distributor and outsourcer, Bunzl plc. Rodrigo will be supported by Avril Palmer-Baunack (Non-Executive Chairman) and the founders of the Marwyn, James Corsellis and Mark Brangstrup Watts (both Executive Directors).

Rodrigo Mascarenhas, Chief Executive Officer, commented:

“I am delighted to be publicly launching Safe Harbour today, a key milestone towards our goal of creating a global market leader in B2B distribution and business services. We believe there are a compelling number of attractive assets meeting our investment criteria which would represent a strong platform for further acquisitive growth and ultimately the generation of long-term compounding equity returns for our shareholders.”

Key advisers on the Placing and Admission included i) Cenkos as Nominated Advisor, joint bookrunner and joint broker, ii) Numis as joint bookrunner and joint broker, iii) Macquarie as joint bookrunner and joint broker, iv) Covington and Burling as legal advisors, v) PwC as reporting accountant, vi) Tulchan as financial PR advisors, and vii) Axio Capital Solutions as company secretary and administrator.