November 16, 2017 | Announcements

GCA Advises Footasylum on Its IPO

GCA acted as financial advisor and nominated advisor (Nomad) on the IPO of Footasylum plc, a fast-growing fashion retailer of brand name footwear and apparel. This marks our 28th transaction in the e-commerce and consumer retail sectors since the start of 2017.

Footasylum’s IPO raised £65 million ($85 million) for the company and its existing shareholders. The IPO will provide the business with the funding and platform to continue its expansion and investment in new store openings and online retail activities.

Footasylum retails trendy third-party and private-label products marketed to 16- to 24-year-old fashion-conscious customers. The company operates a multichannel model that integrates 60 physical retail stores with a fast-growing e-commerce platform and a recently launched wholesale arm for distributing its own brands via a network of partners.

The business has assembled an impressive management team and board to execute Footasylum’s ongoing strategic investment of expanding existing routes to market, technology systems and marketing programs that support future growth and optimize customer engagement.

Clare Nesbitt, Chief Executive Officer of Footasylum, said: “We are delighted that our product-led, multichannel expansion strategy has resonated so strongly with investors, and are thrilled to have received such a strong level of demand for the IPO.”

AIM is the London Stock Exchange’s international market for growing companies. Renowned for its balanced approach, AIM helps quoted companies raise the capital they need for expansion within a regulatory framework that gives them the room they need to grow.

About GCA
GCA is a premier global investment bank serving a broad client base through a range of advisory services including mergers and acquisitions, debt and equity capital markets, private funds, restructuring, and asset management. GCA is a global advisor providing insightful advice and is focused on building long-term relationships based on trust. GCA delivers deep expertise in many key industries and has a particular focus in Technology, Software, Media, Digital Media, Communications, Industrials and Industrial Technology, Healthcare, Financial Institutions, FinTech and Business Services. GCA has teams of highly experienced bankers in San Francisco, New York, Tokyo, Frankfurt, London, Manchester, Milan, Mumbai, Munich, New Delhi, Osaka, Shanghai, Singapore, Tel Aviv and Zurich. For more information, visit

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