Ogier assisted Safe Harbour Holdings plc (Safe Harbour), a company with the objective of creating a global leader in the B2B distribution and/or business services sphere, with the admission and listing of its shares on AIM. Trading commenced on 15 March 2018.
Safe Harbour intends to acquire a platform trading business with an enterprise value in the region of £250 million to £1.5 billion, by way of a well-executed buy-and-build strategy.
The IPO will allow Safe Harbour to raise the capital for strategic acquisitions and take advantage of any developments in the B2B and/or business services market. Covington & Burling LLP acted as onshore counsel to Safe Harbour, Cenkos Securities plc acted as nominated adviser, joint broker and joint bookrunner, with Numis Securities Limited and Macquarie Capital (Europe) Limited as joint broker and joint bookrunner. Partner Niamh Lalor led the Ogier Jersey team assisted by associate Tara Kapur.
Niamh said: "We were delighted to be involved in this transaction. We have worked with Marwyn on a number of unique and successful structures, and we look forward to a continued association with the team. We wish Marwyn and Safe Harbour all the best.”