Corporate
SILK Laser IPO
Tue 24th November, 2020

SILK Laser Australia Limited (“SILK”) has lodged its Prospectus with ASIC for an Initial Public Offer (“IPO”). Wilsons Advisory is acting as Joint Lead Manager and Underwriter to the IPO. The IPO will raise approximately $83.5 million at an indicative market capitalisation of approximately $162.5 million.

SILK is one of Australia’s largest specialist clinic networks, with 53 clinics across Australia offering a range of non‑surgical aesthetic products and services. SILK’s five core offerings are laser hair removal, cosmetic injectables, skincare services, body contouring and fat reduction services and Owned Brand skincare products. SILK was co‑founded by its current CEO, Martin Perelman, in 2009 in Adelaide. SILK has grown from a single clinic in Adelaide to 53 clinics nationally today.

Robert Snow, Head of Corporate Finance, said, “It is great to see the ASX investment community backing SILK and the exciting growth opportunity ahead of them. Congratulations to Martin Perelman and the whole SILK team on this important milestone.”

SILK Laser Clinics is expected to commence trading on the ASX on Tuesday, 15 December 2020.

For more information contact:
Head of Corporate Finance, Rob Snow
rob.snow@wilsonsadvisory.com.au / (02) 8247 6645; 
Head of Corporate Finance Origination, Richard Sherman richard.sherman@wilsonsadvisory.com.au / (03) 9640 3879 

About Wilsons Advisory: Wilsons Advisory is a financial advisory firm focused on delivering strategic and investment advice for people with ambition – whether they be a private investor, corporate, fund manager or global institution. Its client-first, whole of firm approach allows Wilsons Advisory to partner with clients for the long-term and provide the wide range of financial and advisory services they may require throughout their financial future. Wilsons Advisory is staff-owned and has offices across Australia.

Disclaimer: This communication has been prepared by Wilsons Advisory and Stockbroking Limited (ACN 010 529 665; AFSL 238375) and/or Wilsons Corporate Finance Limited (ACN 057 547 323; AFSL 238383) (collectively “Wilsons Advisory”). It is being supplied to you solely for your information and no action should be taken on the basis of or in reliance on this communication. To the extent that any information prepared by Wilsons Advisory contains a financial product advice, it is general advice only and has been prepared by Wilsons Advisory without reference to your objectives, financial situation or needs. You should consider the appropriateness of the advice in light of your own objectives, financial situation and needs before following or relying on the advice. You should also obtain a copy of, and consider, any relevant disclosure document before making any decision to acquire or dispose of a financial product. Wilsons Advisory's Financial Services Guide is available at wilsonsadvisory.com.au/disclosures.

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