Beauty Tech Group Makes London Stock Exchange Debut with £300m Valuation

The Beauty Tech Group, owner of at-home device brands including CurrentBody, ZIIP Beauty and Tria, listed on the London Stock Exchange today at 271p a share, implying a market capitalisation of about £300 million. Early trading saw a modest gain, with the stock opening around 279p.

The IPO comprised a total offer of about £106.5 million, including both new and existing shares. The company raised roughly £29 million in primary proceeds, which it has indicated will be used to clear debt and provide working capital for expansion. The free float represents about 35.5% of issued share capital.

Based in the North West of England, Beauty Tech sells consumer beauty devices that use light and laser technologies, spanning LED face masks, hair removal and hair growth stimulation. Its portfolio brings together category specialists with growing international distribution, most visibly through CurrentBody’s e-commerce platform and retail partnerships.

As a global leader in the rapidly growing at-home beauty device (AHBD) industry, Laurence Newman, CEO of The Beauty Tech Group shares, "This IPO on the London Stock Exchange is a pivotal moment not just for The Beauty Tech Group, but in my opinion for the whole of the beauty industry in the UK"

Beauty devices have moved from niche to mainstream over the past five years as consumers adopt at-home treatments that promise clinic-style outcomes. The group is positioning to capture that demand with a multibrand strategy and an emphasis on regulated light-based technologies. The listing provides fresh capital to scale, while early aftermarket strength suggests investor appetite for defensible beauty tech propositions, albeit in a market that remains selective.

Investors will focus on margin progression as the mix shifts between own-brand hardware, consumables and third-party distribution, as well as the pace of expansion in the US, EU and Asia. Execution against guidance on debt reduction and working capital deployment will be key markers over the next two reporting periods. The deal’s reception will also be read as a barometer for upcoming London floats.