Herbert Smith Freehills has advised Goldman Sachs and Wilson HTM as joint lead managers in relation to Touchcorp Limited’s (Touchcorp) initial public offering and listing on the Australian Securities Exchange (ASX). The offer consisted of an institutional offer, broker firm offer and chairman’s list offer (Offer) and values Touchcorp at A$162.3 million at the offer price of A$1.40 per share.
Touchcorp listed on the ASX on 2 April 2015.
The Herbert Smith Freehills team was led by partner Philippa Stone, assisted by senior associate Hemang Shah and solicitor Rowan Kellam.
Philippa Stone said “We are delighted to have assisted Goldman Sachs and Wilson HTM on another successful IPO and ASX listing, we wish Touchcorp well for this exciting next stage in the growth of their business”.
Touchcorp was advised by Clayton Utz.
Herbert Smith Freehills’ capital markets team has also recently acted for oOh!Media on its A$365.5 million IPO, SurfStitch on its A$214.0 million IPO, the Commonwealth of Australia on the A$5.9 billion Medibank Private IPO, Aconex on its A$312.3 million IPO, Healthscope on its A$3.6 billion IPO, Speedcast on its US$263.0 million IPO, Genworth Financial on Genworth Australia’s A$1.6 billion IPO, Japara Healthcare Limited on its A$525m IPO, SG Fleet on its A$454.2 million IPO, PACT Group on its A$1.12 billion IPO, Industria REIT on its A$250 million IPO, iBuy on its A$115 million IPO, McAleese Group on its A$166 million IPO, for the joint lead managers on Spotless Group’s A$1.9 billion IPO, Veda’s A$1.05 billion IPO and OzForex Group’s A$439 million IPO, for the sole lead manager on National Storage REIT’s A$240 million IPO, for the joint lead managers on iSelect’s A$215 million IPO and for Calibre Group on its A$477 million IPO.