Pinsent Masons advises Cancom SE on €66.2 million capital raising
14 Mar 2016 | 12:00 pm |
International law firm Pinsent Masons has advised Cancom SE, one of the leading providers of IT infrastructure and IT services in Germany, on its €66.2 million capital raising.
On 2/3 March 2016, Cancom SE successfully increased its share capital by 10%. The new shares were placed by way of accelerated book building with institutional investors with gross proceeds of €66.2 million. The new shares were placed by Hauck & Aufhäuser Privatbankiers KGaA, Frankfurt am Main/Germany, with institutional investors.
The capital raised will be used to enable further organic growth and acquisitions by the Cancom Group.
The Pinsent Masons team advising Cancom SE on all legal aspects on the deal, was led by Munich partners Alexander Thomas and Thomas Mayrhofer.
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