31 Aug 2016 | 04:22 pm |
International law firm Pinsent Masons has advised LoopUp Group plc on its £8.5m placing and admission to AIM.
LoopUp is a global software-as-a-service provider of remote meetings and is headquartered in Shoreditch, London. It employs approximately 100 people across offices in London, San Francisco, New York, Boston and Hong Kong.
The Pinsent Masons team advising on the transaction was led by corporate partner Russell Booker supported by Adam Murphy, Chris Watts, Philippa Ward and Charles Baker.
Commenting on the deal, Russell Booker, said: "It is fantastic to see LoopUp succeed as one of the first UK tech companies to IPO since the referendum to leave the EU."
The LoopUp product is designed to eliminate common frustrations associated with conference calls. The placing proceeds are intended to be used to introduce inbound marketing, expand the sales team and also increase access through online distribution.
LoopUp's Co-CEO, Steve Flavell, said:
"We were impressed with the team at Pinsent Masons which guided us through what was a complex and, at times, difficult process. In particular we would highlight their tech-sector expertise which helped them provide us simple, clear advice when called for."
International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B
Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.
International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia
International law firm Pinsent Masons has advised Zurich, the global insurance provider, on the sale of its UK Retail Wealth business to Embark Group.
Multinational professional services business Pinsent Masons has won a hat-trick of awards at the Legal Week British Legal Awards in London.
International law firm Pinsent Masons has advised S.R. Smith on the acquisition of Sunbather.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on