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Investment Banking

Investec helps to revive UK IPO market with Hollywood Bowl

Market is once more in 'decent shape', says director leading the first sizeable IPO on London’s main market since the Brexit vote

Hollywood Bowl runs 10-pin bowling centres across the country
Hollywood Bowl runs 10-pin bowling centres across the country

Investec banker Garry Levin’s aim was for the firm to be “first out of the traps” after a pronounced summer lull in UK initial public offerings – and with the £240 million listing of Hollywood Bowl, he is set to achieve that goal.

Hollywood Bowl, which runs 10-pin bowling centres across the country, plans to raise £181.3 million in an initial public offering on the London Stock Exchange's main market. It priced on September 16 and dealing is expected to start on September 21.

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