DLA Piper has advised Kainos Group plc (Kainos) and Market Tech Holdings (Market Tech), on two successful capital markets transactions in two days.
The firm has advised Kainos Group plc, a digital technology company and provider of IT services and software solutions, on its LSE Main Market IPO. The transaction gives Kainos a market capitalisation of approximately £164 million. Investec acted as sponsor in relation to the IPO.
Rob Salter, Corporate partner who led on the transaction, said: "It was a pleasure to work with the Kainos team on their IPO. It is a great company and we wish Brendan and the rest of the Kainos team every success in the future".
DLA Piper also advised Market Tech on its approximately £200 million accelerated bookbuild placing. Market Tech owns 14 acres of land in and around Camden, including the iconic Camden Markets. In December 2014, DLA Piper advised Market Tech on its £750 million AIM IPO, the largest of the year.
Andrew Bull, CFO at Market Tech, said: "The DLA Piper team delivered a fantastic job on the placing. We really appreciate their efforts and look forward to working with them again."
The DLA Piper team was led on both transactions by Corporate partner, Rob Salter.
On the Kainos transaction Rob was supported by Corporate partner John Gallon, senior associate, Ben Forgiel-Jenkins and associates, Mitesh Kunvarji and Sarah Blackman. Legal Director, Lynda Finan provided Share Schemes advice.
For the Market Tech transaction the team comprised senior associate, Louise Barber and associates, Darren Grindlay and Marcus Lovatt.