RC Fornax plc has completed a successful AIM admission and fundraising
February 2025 — RC Fornax plc has completed its AIM admission and fundraising. As a UK-based, veteran-founded engineering consultancy providing critical solutions to the defense sector, RC Fornax’s successful AIM admission and US$7.7 million (£6.15 million) fundraising represent a significant milestone in its growth.
RC Fornax is a veteran-founded consultancy based in the UK, dedicated to enhancing the operational capabilities of the UK Ministry of Defense (MOD) and its partners. Established in 2020, the company specializes in delivering bespoke, outcome-driven solutions across critical military platforms, including fighter jets, naval ships, drones and military vehicles. Their expertise supports mission-critical programs with precision, speed and reliability, helping clients achieve their strategic objectives across land, sea and air domains. Incorporated in England and Wales, RC Fornax primarily operates within the UK.
Our role in the transaction
Oaklins Cavendish, one of Oaklins’ member firms in the UK, attended the London Stock Exchange market open to celebrate RC Fornax (AIM: RCFX) as it begins its journey as a publicly listed company. The team acted as the corporate broker in bringing RC Fornax to market.
Talk to the deal team
Related deals
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn more