The Beauty Tech Group, parent company to CurrentBody, ZIIP Beauty and Tria Laser, has appointed a new Non-Executive Chair as it prepares for a London Stock Exchange floatation later this year.
Elaine O’Donnell, a former EY partner and Chartered Accountant, is expected to oversee the company’s governance and board development during this pivotal time, according to a report by Sky News.
Her appointment is seen as a key step in strengthening leadership as the Manchester-based company transitions from private ownership to a public listing, which could value the business at around £350m.
The Beauty Tech Group has reported rapid growth in recent years, with revenues exceeding £100m in 2024, up from £80m in 2023.
International markets now account for more than three-quarters of sales, with all revenue generated from the group’s owned brands.
CurrentBody, the flagship brand, has gained global visibility through its LED masks and other at-home devices.
ZIIP Beauty and Tria Laser further extend the group’s portfolio into microcurrent and laser technologies.
Collectively, the trio position the company as a leader in the fast-growing beauty technology category, which Grand View Research estimated at $66.16bn in 2024, with projections to reach $172.99bn by 2030.
O’Donnell’s arrival is expected to be followed by further board-level appointments in the coming months, as the group builds out its non-executive team to meet public market requirements.
Earlier this year, Sky News revealed The Beauty Tech Group also enlisted investment bank Berenberg to advise on the IPO, which is expected for autumn 2025.
The listing would mark one of the largest beauty sector floats on the London market in recent years.