Taylor Wessing is advising Eagle Eye Solutions Group plc on its proposed flotation on the AIM market of the London Stock Exchange, as well as its acquisition of 2ergo Limited.

Eagle Eye Solutions Group plc announced its intention to IPO on AIM this morning (21 March), hoping to raise approximately £6 million. The company simultaneously announced the conditional acquisition of 2ergo Limited, a business that specialises in digital payment technology solutions.

Eagle Eye Solutions Group is a UK leader in digital consumer engagement to the retail and hospitality industries, providing a digital transaction network that enables retailers using rewards, coupons and loyalty schemes to connect with potential and existing customers in real time.

Tim Stocks, head of the corporate finance team, said: "With London now recognised as the destination market for tech IPOs the firm is delighted to have acted for Eagle Eye Solutions on this acquisition and IPO. For the firm this completes a series of IPO transactions for clients operating in the firm's focussed industry sectors."        

Taylor Wessing's role in this IPO follows the firm's involvement in one of the first technology IPOs of 2014, when it advised N+1 Singer as Nomad and Broker to the AIM listing and placing of ordinary shares by Actual Experience Plc, the analytics as a service company.

Taylor Wessing is a full-service law firm, working with clients in the world's most dynamic industries, including technology, media and communications.

The Taylor Wessing team was led by corporate finance partners Tim Stocks and Tandeep Minhas, with support from corporate associates Alexandra Richardson and Michelle Davis and a team of specialists from around the firm.