September 26, 2025

Episode 11: ‘I don’t regret doing an IPO’ (despite the public scrutiny)

The Story behind the deal with guest Steve Oliver, Co-founder of musicMagpie

Join Jonathan Boyers, Head of Alvarez & Marsal Corporate Finance, and Chris Maguire, Executive Editor of BusinessCloud, as they sit down to interview Steve Oliver, Co-founder of musicMagpie.

In this episode, Steve Oliver discusses:

  • The pros and cons of musicMagpie’s 2021 IPO, which gave the company a £208m market cap and delivered a 12x multiple for investor NVM—but also brought unwelcome public scrutiny

  • The 2024 decision to take musicMagpie private with a £10m sale to AO

  • Handling press leaks

  • The collapse of Music Zone in 2006

  • Angel investing

  • Tackling homelessness

  • His love of Man City

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