Squire Patton Boggs’ Capital Markets team has advised Numis Securities Ltd, in its capacity as nominated adviser and broker, on the AIM IPO of ULS Technology plc. ULS is the provider of online B2B platforms for the UK conveyancing and financial intermediary markets. ULS commenced trading on AIM on 28 July with a market capitalisation of approximately £26 million, and raised £4.6 million for the company on admission.

Birmingham Corporate partner Edward Dawes led the Squire Patton Boggs team which included Nina Martyres and Lucy Partridge.

Founded in 2003, ULS provides a ‘software as a service’ online comparison service for residential conveyancing and related legal services and online searches through its proprietary eConveyancer platform. One of the first entrants into this expanding market, ULS now plans to develop its core platform and launch new services.