Software company advised on ASX listing

By Jerome Doraisamy|01 September 2019
ASX

Irish software company FINEOS has been advised by Clayton Utz on its successful listing on the Australian Stock Exchange.

Firm: Clayton Utz (FINEOS).

Advertisement
Advertisement

Deal: FINEOS has completed its initial public offering listed on the ASX, with an opening market capitalisation of around $713 million.

Value: N/A.

SPONSORED CONTENT

Area: Capital markets and securities.

Key players: The CU team was led by partners Stuart Byrne and Jonathan Algar, who were supported by special counsel Natalie Krahe and senior associate Kwan Leung.

FINEOS was also advised by Macquarie Capital and Moelis Australia as joint lead managers, William Fry, KPMG and Mazars.

Deal significance: FINEOS is currently the largest foreign technology company listed on the ASX, CU said in a statement.

Mr Byrne said: “FINEOS’ admission to the ASX highlights the significant opportunity for foreign technology companies to seek liquidity and capital here in Australia.”

“The successful listing of companies like FINEOS and the deep pools of capital available here will encourage more quality foreign businesses to consider the ASX as an attractive listing venue,” he added.

Software company advised on ASX listing
Intro image
lawyersweekly logo
Big Law

latest

Do lawyers want to go back to the office

Do lawyers want to go back to the office?

Top 10 post-COVID predictions for law

Top 10 post-COVID predictions for law

Rachel Setti

Productivity must be audited and redefined post-pandemic

Natalie Stoll

Answering the call of duty during COVID-19

FROM THE WEB
Recommended by Spike Native Network