Itim Group’s £48 Million Initial Public Offering

In UK Squire Patton Boggs, advised on the matter.

Squire Patton Boggs advised WH Ireland Limited with a team including Jayson Marks (Picture – Equity Capital Markets).

itim Group plc executed its £48 million AIM IPO (and £8 million placing).

Established in 1993, itim is a disruptive SaaS-based solutions company that has developed its own proprietary end-to-end omni-channel modular platform, providing store-based retailers with the capability and flexibility to adapt to their customers evolving shopping habits. The funds raised will principally be used to advance the company’s growth strategy, taking advantage of the structural shifts in the retail sector following COVID-19, and to pay outstanding consideration on a previous acquisition.

The Squire Patton Boggs team advising WH Ireland was led by partner Jayson Marks (Picture) and involved lawyers from the capital markets practice in London and Manchester.

Involved fees earner: Jayson Marks – Squire Patton Boggs;

Law Firms: Squire Patton Boggs;

Clients: WH Ireland Limited;

Author: Giulia Di Palma