WHIreland Corporate & Institutional Broking 2017 Deal Roundup

It’s been a busy start to 2017 for the Corporate & Institutional Broking team at WHIreland and we are delighted to have acted for a number of clients, supporting both public and private fundraises, as well as continuing to act as trusted advisers to many of our clients.

Highlights include:

Public fundraises

Shearwater – WHIreland has acted as NOMAD & Broker to support ShearWater Group plc (AIM: SWG) in its recent  placing to raise £8million to part fund the acquisition of SecurEnvoy Limited, a leading UK based provider of multifactor authentication software solutions. The initial acquisition under the company’s transformation strategy, establishes the company’s presence within the large and rapidly growing identity and access management sector and will support further near term growth opportunities. Read more

CareTech – WHIreland has acted as Joint Bookrunner to support CareTech Holdings PLC (AIM:CTH), a leading provider of specialist social care services, in its recently oversubscribed fundraise. The Placing raised a total of £39 million in new equity for the Company, as well as placing out a further £9m in existing shares with new and existing investors at a price of 355 pence per share. The Placing was conducted by way of an accelerated bookbuild. CareTech intends to use the net proceeds of the fundraise to accelerate the Group’s growth strategy through the funding of its current acquisition pipeline, organic growth projects and further potential bolt-on acquisition opportunities. Read more

Private fundraise

Gravity – WHIreland has successfully advised Gravity Trampoline Parks, a premium trampoline operator, to secure £5m through private investment from a Guinness Management EIS fund to accelerate its growth plans. Read more