Newgate Communications advises Blue Prism IPO
Financial media relations group Newgate Communications is advising software company Blue Prism following its IPO on AIM last month.
The Newgate team, which advised Blue Prism on its IPO, will support the business across all aspects of its financial PR requirements, including investor and media relations.
Blue Prism raised £21.1m from its IPO, in part to fund expansion through a global partner network, and has effectively been valued at £48.5m.
Bob Huxford, partner at Newgate, said: “We are delighted to have been appointed by Blue Prism at this exciting stage of the company’s development. This listing couldn’t be more timely as robots and business process automation are key topics of the moment and it is great to be working with a British business that is leading the charge in this field.”
Blue Prism is a developer of software robots and has 74 blue-chip customers including Barclays Bank, Telefonica O2 and Co-operative Banking Group.