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Written by rosalind renshaw

Belvoir Lettings has been shortlisted for IPO (Initial Public Offering) of the Year at the Grant Thornton Quoted Company Awards 2013.

Belvoir successfully listed on the AIM of the London Stock Exchange on February 21 – the first lettings franchise to do so.

Belvoir CEO Dorian Gonsalves said: “I am delighted that Belvoir has been shortlisted for this prestigious award.

“Belvoir’s flotation marked an important milestone in the evolution of our national brand.

“It put us in a position to focus on our future growth as a public company, and primarily the funds raised from the placing enable us to fund acquisitions and execute our ambitious expansion plans.

“We are also now in a position to help franchise owners acquire competitors within their territory and as a result we are proactively targeting key competitors, and assisting with an operations strategy.

“More importantly, the flotation enables us to provide assistance with funding for the right opportunity, subject to individual circumstances.”

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