Today Adrian Lawrence our resident financial expert is talking about Virgin Wines, this is a company that was formerly associated with Richard Branson but was subsequently sold to a management team and private equity houses.
The company is joining the London aim market on 2nd March and is likely to be valued at £100m.  As with other recent IPO's the company has traded successfully during the pandemic lockdowns as its business model is digitally based.
2021 has already been a postive year for new issues, and Virgin Wines follows on from the successful IPO's of Dr Marten's and Moonpig, both of which have been the subject of Podcasts episodes on this show.
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