Stephenson Harwood advised on Made Tech IPO
Law firm Stephenson Harwood LLP has advised Singer Capital Markets as nomad and joint broker, and Berenberg as joint broker, on the £180 million initial public offering of Made Tech Group plc, on the AIM market of the London Stock Exchange.
Founded in 2008, Made Tech provides digital, data and technology services to the UK public sector, enabling central government, healthcare and local government organisations to transform citizen services. The company raised gross proceeds of £85.4 million (approximately £15 million for the company and £70.4 million for selling shareholders). The IPO will provide the company with capital to execute the board’s growth plans, further enhance the company’s profile with its existing and potential customers and assist with the recruitment, retention and incentivisation of existing and future employees.
The Stephenson Harwood team was led by partner Tom Nicholls, who was supported by associates Jack Digby and Megan Ong.