Sagi Raises $156M At $1.2B Valuation For Camden Markets On London’s AIM

December 18, 2014 | Israeli billionaire Teddy Sagi successfully completed his fourth IPO in London, raising £100 million ($156 million) for Camden Market at a company value of £750 million ($1.2 billion). The company that ran the IPO is Sagi’s latest, called MarketTech, and it was the biggest IPO on London’s Alternative Investment Market (AIM) this year. Sagi already has plans to move MarketTech to the main London Stock Exchange within a year, where his online gaming platform Playtech is already trading. Sagi acquired Camden Market Holdings in March of this year for £400 million, paying an additional £70-90 million to purchase the adjacent Camden Lock and Buck Street markets. Sagi has further plans to invest £300 million in the development of the market by the end of 2018.