Richard Ward and Peter Furci advise on Arrow IPO
The London office of Debevoise & Plimpton has advised the executive management and certain other shareholders of Arrow Global Group PLC (“Arrow”) on its successful IPO, which valued the company at £357 million.
Arrow is one of the UK’s largest and fastest growing consumer debt purchasers and providers of receivables management solutions.
The IPO sees Arrow’s ordinary shares admitted to the premium listing segment of the Official List of the UKLA, and to trading on the main market for listed securities of the London Stock Exchange.
The successful IPO marks a partial exit for RBS Special Opportunities Fund, which acquired Arrow in 2009 together with senior management.
The Debevoise team advising on the transaction was led by London partner David Innes, and includes Head of Tax, Richard Ward (pictured) and Tax Partner, Peter Furci.