DLA Piper has advised Safestyle UK plc (Safestyle) on a £77 million placing on London's AIM market. Safestyle is a leading UK-focused retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market. The company has grown since its founding in 1992 to become the largest company in the UK homeowner window and door replacement market, manufacturing 232,000 frames in 2012, and carrying out in excess of 50,000 installations.

The DLA Piper team acting on the transaction was led by Wendy Harrison and John Gallon, both partners in the Corporate practice, who worked alongside senior associates Victoria Egan and Adam Rogowski.

Wendy Harrison said: "We are pleased to have advised Safestyle on its successful flotation. The funds raised will allow Safestyle to go from strength to strength in future, continuing its pattern of growth."

Steve Birmingham, CEO of Safestyle, commented: “We have been delighted with the response in our over-subscribed placing and are very pleased to welcome our new investors. The Company has experienced strong growth in a difficult market, driven by the outstanding quality of our product, the focus on executing our strategy and the dedication of our staff.

“As economic conditions continue to improve and as we increase our geographical presence into the South of England we feel confident in a bright and successful future as a PLC."