Claims Direct, the personal injury claims specialist, will be valued at £338 million when it floats on the stock market next week.
The company is raising £50 million on the London Stock Exchange and will use the money to expand the business through acquisitions and other investments.
The shares will be priced at 180p each when dealing starts on July 13.
A further £58 million of existing shares, owned by founding shareholders of the company, will be placed on the market.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article