Cruise holiday operator All Leisure Group is celebrating its AIM float - the second largest IPO on AIM in the southeast to date.

Almost 11 million shares were placed at 180p each, capitalising the company at £110.5 million and raising £19.7 million before expenses.

Law firm Thomas Eggar advised on the float. Daniel Bastide, partner, led the team assisted by Faye Bargery and Susan Ruggles. Nitzan Cohen provided tax support and Paul Gaff delivered employment expertise.

Bastide commented: “It is exciting to provide legal counsel on such a significant AIM flotation. The All Leisure Group is a valued client, and has been for some time, so it is also really gratifying to be involved in such a landmark period in the company’s history.”