Technology Finance Sydney 2024

M&A Finance

K&L Gates

Industry: Technology
Location: Sydney
Year: Not specified 2024
Investment: £50K+

Full Credential Description

Limeade, an employee experience software company, faced the challenge of expanding its market presence and investing in platform innovation as it prepared for its initial public offering (IPO) on the Australian Stock Exchange (ASX). The company aimed to raise AUD$100 million to support its growth in both U.S. and international markets while enhancing its offerings in well-being, engagement, and inclusion solutions. To address these needs, K&L Gates LLP provided tailored legal counsel throughout the IPO process. The firm’s team, led by Seattle emerging growth and venture capital partner Charlie Carter, guided Limeade in navigating the complexities of the IPO, ensuring compliance with regulatory requirements and facilitating a smooth transition to a publicly traded company. This strategic legal support was crucial for Limeade, which serves over 175 companies and 2.4 million users across 100 countries. The successful IPO, which commenced trading on December 20, 2019, not only allowed Limeade to secure the necessary capital for future innovations but also positioned the company for sustained growth in a competitive market. This milestone exemplifies K&L Gates' capability to assist clients through significant transitions, reinforcing their long-term partnership with Limeade in various critical transactions and operational matters.

Measurable Results

Successfully completed $100M transaction