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 successful debut on the ASX on December 20, 2019. This strategic legal support was crucial for Limeade, which serves over 175 companies and 2.4 million users across 100 countries. The successful IPO not only allowed Limeade to secure necessary funding for future innovations and market expansion but also solidified its position as a leader in the employee experience sector. The partnership with K&L Gates exemplified the firm's capability to assist clients through significant milestones, reinforcing Limeade's growth trajectory and operational support.

Measurable Results

Successfully completed $100M transaction