Newgate Communications advises Blue Prism IPO

Financial media relations group Newgate Communications is advising software company Blue Prism following its IPO on AIM last month.

The Newgate team, which advised Blue Prism on its IPO, will support the business across all aspects of its financial PR requirements, including investor and media relations.

Blue Prism raised £21.1m from its IPO, in part to fund expansion through a global partner network, and has effectively been valued at £48.5m.

Bob Huxford, partner at Newgate, said: “We are delighted to have been appointed by Blue Prism at this exciting stage of the company’s development. This listing couldn’t be more timely as robots and business process automation are key topics of the moment and it is great to be working with a British business that is leading the charge in this field.”

Blue Prism is a developer of software robots and has 74 blue-chip customers including Barclays Bank, Telefonica O2 and Co-operative Banking Group.

Related Posts
Opinion: How challenger agencies can compete with the big agency networks
Barbara Bates, global CEO at Hotwire, highlights the key areas where challenger agencies can go the extra mile to compete with their larger counterparts. For a long time in [...]
60 Seconds with The Academy co-founder Mitch Kaye
60 Seconds with The Academy co-founder Mitch Kaye
Mitch Kaye, co-founder of The Academy, reveals why he and Dan Glover started their second agency, how the pair work together and his love of AFC Bournemouth. What made you [...]
Discover how PR can move from evolution to revolution
At CommsCon earlier this month, we heard a range of fantastic speakers articulate their view of what comms professionals can do to improve their output. They encouraged their [...]
Brendon Craigie Tyto PR
Opinion: Why “PR” is having a renaissance
Brendon Craigie, co-founder and managing partner at Tyto PR, examines why PR professionals are once again adopting the PR moniker. The public relations industry is in the [...]