Citigate Dewe Rogerson wins HSS listing
Tool and equipment provider HSS Hire Group has selected the financial and corporate consultancy to handle comms around its planned float on the London Stock Exchange.
The project is being headed by Citigate Dewe Rogerson’s Directors Simon Rigby and Kevin Smith, supported by Jos Bieneman, Nick Hayns and Ellen Wilton.
For the 52 week period ended 31 December 2011 to the 12 months ended 27 September 2014, the group’s revenue grew at a CAGR of 17% and adjusted EBITDA grew at a CAGR of 19%. HSS’s market share in the UK increased from 3.6% to 4.7% over the same period.
J.P. Morgan is acting as Global Co-ordinator, Joint Bookrunner and Sponsor in the listing. Numis is acting as Joint Bookrunner and Berenberg is acting as Co-Lead Manager.