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If Justin Cameron harboured any regrets about leaving a well-paid job in investment banking to sell surf and skate wear online, they were banished on Tuesday.
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SurfStitch bought Billabong International’s 51 percent stake in SurfStitch and Billabong’s North American online business,Swell.com, for about $35 million in August and acquired Quiksilver’s Europeanonline business Surfdome for $45 million in November before kicking off theIPO.
The IPO and a pre-IPO raising attracted more than a half-dozen,high-profile fund managers, including Janchor Partners’ John Ho, thesecond-largest shareholder after the management team, Perpetual Investments,Paradice Investment Management and Ausbil Investment Management.
SurfStitch rides wave of global success with ASX listing (afr.com)
