The boss of Beauty Tech Group has said he hopes its London debut will ‘inspire other businesses’ amid an exodus of listings to New York. Laurence Newman, founder and chief executive of Beauty Tech Group, described his firm's IPO as a ‘pivotal moment’ for the stock market. The group, which owns brands including CurrentBody, ZIIP Beauty and Tria Laser, was valued at £300million. But Beauty Tech Group’s Newman suggested there was evidence of a change in mood music. It should be something that we make…a genuinely good route for companies to look at in order to boost the economy.’ Beauty Tech Group boosted sales by 27 per cent to £55.2million in the first half of this year.