College Hill’s Consumer Team has been appointed by Snoozebox, a new and exciting innovative concept in temporary and flexible hotel accommodation, to advise them on their initial public offering on AIM. Robert Breare, the brainchild behind Snoozebox and a serial entrepreneur in the leisure sector, appointed College Hill without a tender process.
Commenting on their appointment, Robert Breare, Chief Executive, said “College Hill is the out and out leader in leisure and have always given me excellent advice. We are looking forward to working with them.”
Matthew Smallwood, Managing Partner, College Hill said, “We are delighted to be working with Snoozebox, a company that is revolutionising and bringing a whole new dimension to the temporary accommodation market, responding to the demands of event planners and consumers.”
The company, which has already proved popular at a number of high profile outdoor events such as the British Formula One Grand Prix, has raised £12m in new equity through a flotation on AIM – valuing the Company at just over £20m – in what is the first leisure sector IPO of 2012.
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