Fashion brand AQ/AQ has engaged Ironbridge Capital on a funding round of £5m. A multi-channel business with retail stores in London, accounts around the world like Bloomingdales and Myer, and a very successful ecommerce business, AQ/AQ is funding the next stage of its growth into more retail stores in the UK and the USA. www.aqaq.com
Cleanventure AG has placed 100,500 new shares at a price of €2 per share with sophisticated investors. Ironbridge is pleased to have participated and advised the Company on this capital increase. Cleanventure is a listed German holding company focussing on energy efficiency, in particular combined heat and power (CHP). The Company is taking advantage of deregulation of property services in Germany and is building a scale-able, cash-flow positive business.
Dan Thompson, our venerable adviser, has just completed a further 7 runs in South America (in 7 days) as part of his huge personal challenge of running 10k in every country in the world (205 - according to FIFA) before the 2020 Olympics in Japan. You can read his excellent blog here, or visit the facebook page. And why not follow him on Twitter @DTRuntheWorld Please also visit his JustGiving page, where he is raising money for Cancer Research.
Ironbridge adviser Dan Thompson has undertaken the momentous challenge of running 10 kilometres in every country in the world before the 2020 Tokyo Olympics. He is no stranger to big challenges having successfully founded the Gold Challenge, in which over 105,000 people participated in the lead up to the 2012 Olympics and Paralympics in London. Dan will start at the Olympic Park in London and finish at the Olympic stadium in Tokyo. In his own words: '2020 kilometres from London to Tokyo via every country in the world. God help me.' So far 31 countries have been tackled, with East Africa coming soon, where he plans to go for his longest and toughest trip yet: 9 countries in 9 days. You can keep up to date with his progress via his blog and check out the latest post here: http://dansgoldchallenge.wordpress.com/2014/11/07/runners-dont-stop-go-straight-to-jail/
Mr Start is a menswear brand launched by Philip Start in 2008. With over 35 years’ experience in the men’s clothing industry, Philip saw an opportunity to build a fashion business in London’s newly emerging district of Shoreditch. A successful international wholesale launch of Mr Start followed in 2010 and a women’s line in 2014. Mr Start, having passed the ‘proof of concept’ stage, is ready to embark on the expansion of the brand both in the UK and internationally. www.mr-start.com
IPB Petroleum (ASX:IPB) has successfully completed a placement of 3.6 million new shares at an issue price of A$0.32 per share to raise A$1.15m. Funds will be used towards:
- Continuing IPB’s study work in its three Exploration Permits in the Browse Basin, offshore North West Australia, and potential new permit(s);
- Pursuing Farm Out activities; and for
- General working capital purposes.