Wednesday, October 15, 2014

InnovaDerma™ secures pre-IPO Capital

InnovaDerma™ has successfully negotiated and executed a capital raising agreement with one of the fastest growing investment firms in London, United Kingdom; IPO Capital Partners Ltd (IPO Capital Partners) to raise $1 million to assist the company in funding its growth and its European listing.

The agreement signed in London between IPO Capital Partners founder and Managing Director Clifford Giles and InnovaDerma™ founder and Executive Chairman Haris Chaudhry has been welcomed by both individuals as an excellent outcome for shareholders in both firms focused on seeing significant return on capital for IPO Capital Partners and in providing much needed liquidity for the growth plans for InnovaDerma™.

Clifford Giles after inking the transaction said: “We are very excited about our investment in InnovaDerma™. We look forward to watching the firm unleash its exponential growth plans and confident the business will exceed its targets”.

Haris Chaudhry, founder and Executive Chairman of InnovaDerma™ commented: “I am very excited and thrilled to have such a high quality investment partner in IPOC Capital and it gives me and my shareholders a lot of confidence on our own growth plans and our decision to list the company to unlock its potential through a series of liquidity events and capital placements. We look forward to working with Clifford and IPOC Capital Partners as we take InnovaDerma™ on its unstoppable journey from strength to strength”.

About IPO Capital Partners Ltd
IPO Capital Partners is a boutique investment firm that specialises in making pre-IPO finance available to innovative, high growth private enterprises that are committed to listing their organisation on a recognised stock exchange. IPO Capital Partners has successfully completed investments in multiple portfolio companies and has realized significant returns and equity growth through the listing and growth of those firms.

About InnovaDerma™
Headquartered in London and with fully owned subsidiaries in Australia, Philippines, New Zealand and Hong Kong, InnovaDerma™ is one of the fastest growing company offering clinically proven and highly effective products for male and female hair loss sufferers globally under its brand Leimo® along with an increasing range of products for hair care and clinically proven devices for body contouring and skincare including TriPollar Stop &TriPollar Pose.

For more information visit www.innovaderma.com