Shawbrook Aims to Kickstart London IPO Market with £2bn Float

By Evans Momodu
1 minute read


Shawbrook Group, a mid-sized British lender, is reportedly preparing for a stock market flotation in 2025, potentially valuing the company at over £2 billion. The move could provide a much-needed boost to London’s sluggish IPO market.

Shawbrook's owners, BC Partners and Pollen Street Capital, which took the company private in 2017, are working with Goldman Sachs to lead preparations for the flotation.

The IPO is being targeted for the first half of 2025, though it remains contingent on favourable market conditions. If successful, the listing could make Shawbrook one of the largest companies to debut on the London Stock Exchange in early 2025.

Barclays and other investment banks may also join the listing team to assist with the process. Shawbrook’s IPO could signal recovery in London's listings arena, which has faced challenges from global economic uncertainty and competition from other financial hubs.

British regulators are also considering an IPO for Shein, the Chinese-founded fashion giant. If approved, Shein's listing would be among the largest in the City’s history.

Shawbrook specialises in lending to businesses and individuals, offering a mix of savings and loan products. Since its privatisation in 2017, the company has grown under BC Partners and Pollen Street Capital’s ownership.

A successful IPO would mark a new chapter for the lender, allowing it to tap public markets for future growth.
Source: Sky news