Osborne Clarke has advised Investec Bank plc in its capacity as Nominated Adviser and sole bookrunner on the successful AIM IPO of leading Robotic Process Automation software business, Blue Prism Group plc.

The IPO, which priced this morning, will raise £21 million for the company and the selling shareholders, valuing Blue Prism at £48.5 million. Admission and commencement of dealings will take place on Friday, 18 March 2016.

The Osborne Clarke team was led by ECM Partner Jonathan King, assisted by senior associate Jake Turcan.

Jonathan King said: "It's been a pleasure to work with Investec's TMT team again, this time on Blue Prism's successful IPO; a particularly impressive outcome given the current market backdrop. The impact of robotics and computerisation is set to transform the labour market and consequently Blue Prism's IPO is very timely."