DWF Advises Leading Transport Technology Business on AIM Flotation
- 22.07.2021 12:00 pm
Microlise, headquartered in Nottingham, is a leading provider of transport management technology solutions, delivering a globally enabled software platform that digitises the business processes of enterprise organisations that run highly complex logistics operations.
The IPO will raise a total of £61.2 million and values the company at approximately £156 million.
DWF's multi-disciplinary global team advised Microlise, led by Birmingham corporate partner, John Campion and included Katy Philips and Ciara Healy (Manchester), Amelia Mackie and Jenny Davies (Leeds), Pascale Gallien and Marie-Noëlle Guilpain (Paris) and Kim O'Reilly (Sydney). J. Sagar Associates (Nitin Potdar, Rinku Ambekar and Reshma Oak) provided legal advice in India.
Bill Wynn, chief financial officer of Microlise said: "We are pleased to have achieved a successful IPO and have been delighted with the support provided by the team at DWF and all of our advisers on what is a key milestone for Microlise."
Midlands-based advisers played key roles in the IPO, with BDO LLP (Graham Elsworth, Vinod Patel and Alex Nicol) acting as reporting accountants, KPMG acting as corporate finance and tax advisers to the company (Khush Purewal, Stuart Sewell, Svetlana Marriott, Marc Abrams and Richard Griffiths) and Legal Clarity Limited (Richard Underwood, Chris Wright and Anton Ivanov) also advising Microlise on legal matters.
Singer Capital Markets Securities Limited acted as broker and sole bookrunner, and Singer Capital Markets Advisory LLP acted as Nomad. Singer Capital Markets were advised by Stephenson Harwood LLP. SEC Newgate acted as PR advisers.