Pinsent Masons advises LoopUp Group Plc on its placing and admission to AIM
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."
Latest press releases
Show me all press releasesPinsent Masons advises Cosonic on the acquisition of beyerdynamic Group
Multinational law firm Pinsent Masons, together with China Commercial Lam Lee Lai (Qianhai) Law Firm (CCL), has advised Cosonic International Pte. Ltd. on the acquisition of the beyerdynamic Group. The transaction value amounts to approximately USD 150 million.
Pinsent Masons unveils enhanced employment tribunal service to address mounting claims volumes
Multinational law firm Pinsent Masons has today announced an enhanced employment tribunal proposition, Employment Tribunals Reimagined, designed to help clients manage the increasing volume of employment tribunal claims.
Pinsent Masons and Knights advise London & Quadrant Housing Trust on the sale of its PRS business
Pinsent Masons and Knights have advised London & Quadrant Housing Trust (L&Q) on the successful sale of its private rented sector (PRS) business, trading as Metra Living, in a deal valued at £1,045 million.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises Cosonic on the acquisition of beyerdynamic Group
Multinational law firm Pinsent Masons, together with China Commercial Lam Lee Lai (Qianhai) Law Firm (CCL), has advised Cosonic International Pte. Ltd. on the acquisition of the beyerdynamic Group. The transaction value amounts to approximately USD 150 million.
Pinsent Masons advises Sammons Enterprises on the disposal of Briggs Equipment
Multinational law firm Pinsent Masons has advised Sammons Enterprises on the disposal of materials handling equipment provider Briggs Equipment UK to pension capital firm IFM Investors. After receiving the required regulatory clearances, the deal formally completed on 2 June.
Pinsent Masons advises on sale of VLocker to Venu+
Multinational law firm Pinsent Masons has advised on the sale of VLocker, a global leader in the design, manufacture, installation and management of electronic locker systems, to Venu+, a United States‑based portfolio company of private equity fund ZCG.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]