Admission: Big Technologies plc (AIM)
Big Technologies plc and its subsidiaries (The Group) has successfully completed its Initial Public Offering on AIM, raising £202 million, achieving a market capitalisation of £577 million.
The Group provides products and services to the remote and personal monitoring industry, with a focus on the criminal justice market, principally under the brand name 'Buddi’. The Group’s criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Buddi was founded in 2005 by Sara Murray OBE, since which she has led the business to develop its technologies and enter new related markets.
The Group has a number of core technologies that the directors believe could be deployed into additional large markets, such as the health and care markets. The Group generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia.
Crowe's role and the team
Crowe acted as reporting accountant on the transaction with the capital market team led by Mitesh Patelia, George Lawford, Will Smith and Ed Beddows.
Client quote
“We valued the assistance of the capital markets team at Crowe in helping us with our successful IPO. They were a pleasure to work with and we appreciated their professional and efficient approach. This marks an important and exciting chapter for Buddi and we look forward to working closely with Crowe in the future.”
Sara Murray OBE, Chief Executive Officer, Big Technologies plc
