find the latest legal job
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Insurance Lawyer (1 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Great Career Opportunity ·
View details
Insurance and Health Lawyer (1-4 PAE)
Category: Insurance and Superannuation Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· New position to support Growth ·
View details
Minter Ellison runs deal post haste

Minter Ellison runs deal post haste

Minter Ellison advised QM Technologies on its IPO and listing on the Australian Stock Exchange (ASX). The float raised $41 million for the owners, $4.3 million to fund future growth strategies,…

Minter Ellison advised QM Technologies on its IPO and listing on the Australian Stock Exchange (ASX).

The float raised $41 million for the owners, $4.3 million to fund future growth strategies, and saw the company list with a market capitalisation of $89 million at the offer price.

Minter Ellison’s Brisbane-based corporate team worked on the float with QM Technologies and underwriters ABN AMRO for several months. Tim Reid led the team, which included Lachlan Davidson, Leo Channon and Matt Couper.

Reid said the transaction was “a pretty straightforward sell down by the founding shareholders” that successfully raised money for the company’s future requirements and growth. Minter Ellison undertook the usual pre-float due diligence and assisted the company with its prospectus and compliance with the ASX listing rules.

“The project was very satisfying in the sense that we set out at the beginning with a target date in mind, and everyone worked well as a team and was able to achieve all the milestone time targets we had,” Reid said. “We managed to get the company on the list on the original date we set.”

QM Technologies is one of Australia’s leading providers of essential mail and customer communication management services and has operations in Sydney, Brisbane and Melbourne. Using its proprietary software to format client data, the company prints and mails invoices and statements, and provides electronic bill presentment and payment services for icon companies in Australia like Vodafone, Westpac, Commonwealth Bank, Suncorp, Austar and Allianz.

The company lodges more than 100 million items of mail with Australia Post every year.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Minter Ellison runs deal post haste
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Quentin Bryce
06:05
DV has worsened in a generation: Quentin Bryce
Former governor-general of Australia Dame Quentin Bryce AD CVO has spoken of her deep distress about...
Lawyers
06:00
Academics entertain the idea of law without lawyers
Researchers from Queensland will explore some of the most disruptive trends tipped to transform the ...
Please, Continue (Hamlet), Melbourne Festival
Oct 16 2017
Hamlet suffers slings and arrows of top Victorian barristers
Victorian judges and barristers have performed the unique play Please, Continue (Hamlet) at the Melb...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...