Stephenson Harwood advised Singer Capital Markets Advisory (former N+1) with a team including
Microlise raised gross proceeds of £61.2 million (£18.6 million for the Company and approximately £42.6 million for certain selling shareholders).
Upon admission, Microlise will have a market capitalisation of approximately £156.5 million. Established in 1982, Microlise provides transport management software to fleet operators, helping them to improve efficiency, safety, and reduce emissions. It has a diverse customer base, with clients including Culina Group, DFS, Hovis, MAN Truck & Bus UK, and Yodel. This IPO will enable Microlise to broaden its product offering, and to accelerate its international growth strategy.
Singer Capital Markets Advisory LLP acted as nominated advisor, sole broker and bookrunner to Microlise.
The Stephenson Harwood team was led by partner Tom Nicholls (Picture), who was supported by associate Jack Digby.
DWF’s multi-disciplinary global team advised Microlise, led by Birmingham corporate partner, John Campion and included Katy Philips and Ciara Healy (Manchester), Amelia Mackie and Jenny Davies (Leeds), Pascale Gallien and Marie-Noëlle Guilpain (Paris) and Kim O’Reilly (Sydney). J. Sagar Associates (Nitin Potdar, Rinku Ambekar and Reshma Oak) provided legal advice in India.
Involved fees earner: John Campion – DWF; Pascale Gallien – DWF; Marie-Noëlle Guilpain – DWF; Ciara Healy – DWF; Amelia Mackie – DWF; Kim O’Reilly – DWF; Katy Philips – DWF; Jack Digby – Stephenson Harwood; Tom Nicholls – Stephenson Harwood;