The parent company of Beauty Tech Group, Project Glow Topco, is considering an initial public offering (IPO) on the London Stock Exchange.

Project Glow Topco revealed it would apply for admission of its ordinary shares to the equity shares category of the official list of the FCA, and to trading on London’s main market.

Beauty Tech Group encompasses three premium beauty technology brands – CurrentBody Skin, ZIIP Beauty and Tria Laser – under which it develops, manufactures and retails at-home beauty devices (AHBDs).

The group operates in the global AHBD market, which has an estimated value of over £9bn, and is growing rapidly within the £464bn global beauty and personal care market.

In its 2024 financial year, Beauty Tech Group reported revenue of £101.1m and earnings of £22.9m.

Founder and CEO of Beauty Tech Group, Laurence Newman, commented: “There are significant opportunities ahead for the Beauty Tech Group and an IPO on the London Stock Exchange will provide us with access to capital, and enable us to raise awareness and incentivise staff to take the business to the next level.

“I am very excited to embark on this next chapter as we look to build on our position as a trusted and recognised leader in the market.”

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