Investors made a 3x Multiple of Money upon the IPO of Metro Bank
Following the £75m initial equity raise, Metro Bank launched as the first new High Street Bank in the UK for over 100 years.
The focus is on retail and commercial banking in London and the South East of England.
£75m in a private fundraising
Management, Institutions, family Offices and HNWI
Business expanded rapidly to c30 “stores”.
Subsequent private capital raised from existing shareholders and US based investors.
Listing price in March 2016 represented c3x return for the original shareholders