Cheshire-based The Beauty Tech Group is to float on the stock market.
Based at Bruntwood SciTech’s Glasshouse business park in Nether Alderley, the brands owned by the fast growing The Beauty Tech Group include CurrentBody, which is used by celebrities such as Kim Kardashian and Serena Williams.
According to a filing this morning the business made revenue of £101.1 million and earnings before interest, tax, depreciation and amortisation excluding one-off costs and acquisition related expenses (“adjusted EBITDA“) of £22.9 million.
That would indicate a potential float value of £350m.
It also claims to be fast growing and said that between the financial period for the 16 months ended 31 January 2023 and last year’s full year, the own-brand revenue and adjusted EBITDA grew at a compound annual growth rate (“CAGR“) of 73.6% and 92.9% respectively.
This morning the dream of a float moved a step forward when “Project Glow Topco Limited”, the ultimate holding company of The Beauty Tech Group Limited, said intends to publish a registration document to apply for its hares to be listed on the main market of the London Stock Exchange.
Elaine O’Donnell
For the purposes of the float, the business is chaired by former EY partner Elaine O’Donnell, who previously chaired Games Workshop. North West entrepreneur Simon Cooper, founder of On the Beach, is also a non-executive director.
University of Manchester graduate and former medical clinic owner Newman founded the business as CurrentBody with its chief technology officer Andrew Showman and finance director Sam Glynn in 2009, initially selling third-party At Home Beauty Devices (or AHBDs), the company now sells exclusively own-brand product under its three distinct and premium brands.
That market is estimated to be about £9 billion – £12 billion and the company sells to customers in over 90 countries worldwide. North American revenue accounted for 37% of the total with the EU (excluding Ireland) 23%, the UK and Ireland 22%, Asia 14% and the Rest of the World 4%.
The Beauty Tech Group – Tria Smooth Beauty Skin Resurfacing Laser
Its products include home-use beauty technology, such as LED, radio frequency, microcurrent and laser treatments.
Earlier this year theBuisnessDesk.com reported that according to accounts filed in January 2025 for the financial year to the end of December 2023, The Beauty Tech Group posted pre-tax profits of £6m on turnover of £59.5m.
This morning (8 September 2025) Laurence Newman, Founder and CEO of The Beauty Tech Group, commented: “Founded with the ambition to bring clinically-proven, professional-grade beauty technology into everyday use, I am extremely proud of The Beauty Tech Group’s achievements to date. Since launching our own-brand at-home beauty technology products in 2019, the Group has delivered sustained and profitable growth and established itself as a global leader in the fast growing at-home beauty market.
“Our three distinct, premium brands, CurrentBody Skin, ZIIP and Tria, span across the four core technologies used in professional aesthetic clinics, giving us a unique position in the market. Moreover, all of our innovative technologies are underpinned by research and rigorous testing, demonstrating our commitment to producing effective and trustworthy products while simultaneously raising the standards across the industry.
“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. Our journey to date has only been made possible due to the team’s hard work and dedication, and I would also like to take this opportunity to welcome an experienced bench of Non-Executive Directors to our Board who collectively bring a wealth of consumer and capital markets experience and knowledge. 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.”
Elaine O’Donnell, Independent Non-Executive Chair, said: “The Beauty Tech Group has established itself as a global leader in the at-home beauty market and I am thrilled to be joining the Board at this exciting juncture in the Group’s growth journey. Considering that home-use beauty technology is a fast-growing category in the beauty sector, a float on the London Stock Exchange will facilitate the Group’s ambition to capitalise on the significant opportunities ahead.
“I have every confidence that a London-listing, coupled with a solid go-to market strategy, will support The Beauty Tech Group’s ambition to grow its distribution while continuing to deliver the next generation of beauty technology products through ongoing research and development.”