International legal practice Osborne Clarke has advised LDC in its capacity as selling shareholder on the £140 million AIM IPO of premium British lifestyle brand, Joules Group plc.

Established in 1981, LDC is a leading player in the private equity mid-market and provides up to £100m of funds for buyouts and development capital transactions in UK unquoted companies. The IPO saw gross proceeds of £77.5 million raised by joint bookrunners Peel Hunt and Liberum Capital. Admission and dealings in the company's shares became effective today.

The Osborne Clarke team was led by corporate Partner Jonathan King, who was assisted by Senior Associate Jake Turcan. Partner Jonathan King said: "We're really pleased to have advised LDC on this successful liquidity event through an IPO. Despite a challenging market backdrop at the moment, it demonstrates that there is still solid institutional appetite for growing, strong-branded consumer businesses."