Case studies: PLC Advisory |
SSP Holdings Plc – Public Offer
We advised SSP Holdings plc on its offer for Sirius Financial Solutions plc. Both SSP and Sirios are computer software specialists for the insurance industry. The transaction was affected by way of a Scheme of Arrangement, and as well as acting as lead financial adviser, Deloitte also provided financial and operational due diligence services, tax advice, and reporting accounting services. Prior to this transaction, we acted as lead financial adviser to SSP on its admission to AIM and have since acted as financial adviser on its P2P. This demonstrates our commitment to client service and building relationships throughout a company’s life cycle.
Kedco plc – Admission to AIM
Kedco is an Irish incorporated energy group focussing on green energy production. We acted as nominated adviser to Kedco plc on its admission to AIM. The company was valued at €35 million. We provided full support to Kedco as Nomad and we worked with Deloitte’s Irish practice to provide a cross-service line offering comprising PLC advisory, financial and tax due diligence and reporting accounting services.
Synexus Clinical Research plc – Public-to-Private
We advised Lyceum Capital Partners on the P2P of the AIM company, Synexus Clinical Research plc. The deal value was £18 million. Synexus is a specialist contract research organisation that offers patient recruitment services for clinical trials. As well as providing PLC advisory advice to Lyceum we drew upon our healthcare specialists to support us in the transaction and we also provided a cross-service line offering with involvement from our transaction services and corporate tax teams.
SPA ETF Plc – Main Market IPO
We acted as sponsor and financial adviser to SPA on its listing on the Main Market. SPA is a collection of exchange traded funds, index-linked to provide investors with a diversified portfolio through a single purchase. We provided a full service as sponsor and successfully advised on what was one of the first transactions of its type in the UK market.