The corporate team at Gowling WLG has advised Draper Esprit, one of Europe's leading venture capital firms, on its move to the Main Market of the London Stock Exchange and the regulated market of the Irish Stock Exchange from AIM and Euronext Growth.
The new listings will allow the Company to move forward in the continued creation, funding and development of disruptive high-growth technology businesses.
Gowling WLG has advised Draper Esprit, whose market capitalisation is now c.£1.4bn, since its AIM and Euronext Growth admission in June 2016. Corporate partner Kris Rogers led the team advising on the transaction, supported by principal associate Emily Troubridge, senior associate Emily Airton, associate Hannah Misso and trainee Jatin Mapara.
Kris said: "We are pleased to have advised Draper Esprit on such a major milestone which is testament to its many successes since its initial IPO in 2016 and mirrors the continued confidence the investment community has in its track record, portfolio and pipeline. Draper Esprit has a proven ability in developing and supporting tech businesses and this elevation of its stock market status will further enable them to capitalise on exciting growth opportunities."
Gowling WLG's Investment Funds team is one of the leading advisers to the investment funds sector, and brings together a wealth of talent covering tax, corporate, finance, regulatory and dispute resolution.