Travers Smith has advised Investec Bank plc as sponsor on Johnson Service Group plc's move from AIM to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange.
Johnson Service Group is a dedicated textile services provider, operating in the UK and the Republic of Ireland. Focused on textile rental and related services, namely garment and linen rental and cleaning, and operating from its 41 laundry processing facilities, the Group provides its services to the hotel, restaurant and catering (HORECA) and workwear sectors throughout the UK and to the healthcare and HORECA sectors in the Republic of Ireland.
The Travers Smith team on this transaction was led by Corporate M&A and ECM Partner Tom Coulter assisted by Corporate Associates Gareth Atkins and Klementyna Zastawniak.
