Deal

Shakespeare Martineau raises more than £2m in two days with deal duo

Published: 15th February 2021
Area: Corporate & Commercial
Law firm Shakespeare Martineau helped raise more than £2.1 million in just two days by advising a pair of businesses on placings and subscriptions on the Standard List and AIM.

Clients of the firm; Crossword Cybersecurity Plc and One Heritage Group Plc announced the share issues on the 10th and 11th February 2021. Both had high demand from new and existing investors.

Property developers One Heritage Group undertake development and re-development of new and existing buildings, as well as facilities management and managing the letting of the properties. The new shares generated an additional £548,500 investment in the business in order to expand its property portfolio.

Cybersecurity and risk management experts Crossword Cybersecurity Plc undertook an oversubscribed fundraising of more than £1.6 million. The technology commercialisation company will invest the funds into sales and marketing resource, for product development and support for general working capital purposes.

Hybridan LLP acted as broker to both companies in connection with the placings.

Keith Spedding, partner and business transaction and growth specialist at Shakespeare Martineau, who advised on both deals, said: “These deals go to show that money is out there and available for good companies with good stories, and there is no sign of it drying up. Property and technology sectors are seeing a huge amount of investment, with other sectors such as MedTech and fashion also making stock market headlines. We are very pleased to have helped these two excellent companies on their growth plans.”

Experts in fast-growing businesses Shakespeare Martineau is reporting high levels of transactions in the Midlands and nationally – with the corporate team having supported several multi-million pound sales and mergers across property, biotech and finance sectors as well as advising the founding family of Dr Martens in its recent admission to the market as well as One Heritage Group’s original submission in December 2020.

Contact us

For further information please contact Keith Spedding or another member of the corporate team.

From inspirational SHMA Talks to informative webinars, we also have lots of educational and entertaining content for life and business. Visit SHMA® ON DEMAND.

How can we help?

Our expert lawyers are ready to help you with a wide range of legal services, use the search below or call us on: 0330 024 0333

SHMA® ON DEMAND

Listen to our SHMA® ON DEMAND content covering a broad range of topics to help support you and your business.

The Shakespeare Marathon and Half Marathon

21 Apr

The Shakespeare Marathon and Half Marathon

We are proud to once again be sponsoring the Shakespeare Marathon and Half Marathon […]

Making sure you’re compliant

24 Apr

Ewan Carr, Legal Director | Helen Dyke, Legal Director
Making sure you’re compliant

Employment law is constantly on the move and HR professionals and in-house employment lawyers […]

London Curry Club

15 May

Gareth Hegarty, Partner
London Curry Club

Our networking lunch will take place on Wednesday, 15 May 2024 at Spice Trader […]

Directors’ Forum – Navigating Social Housing shifts

22 May

Louise Drew, Partner & Head of Building Communities | Nic Barker, Legal Director | Kit O Brien, Partner
Directors’ Forum – Navigating Social Housing shifts

Six months on from our last Director's Forum the challenges for the Sector continue […]

Our Latest Thoughts

All the latest views and insights on current topics.

SCS Technology Solutions Acquisition

18 Mar

Corporate

SCS Technology Solutions Acquisition

Read article Right Arrow

Nature Capital Insights

18 Mar

Corporate

Nature Capital Insights

Read article Right Arrow

How Can Potential Employers Navigate Unsubstantiated Claims When Hiring For Positions Of Trust?

11 Mar

Litigation & Dispute Resolution

How Can Potential Employers Navigate Unsubstantiated Claims When Hiring For Positions Of Trust?

Read article Right Arrow

Guide For Employers – How To Support Your Muslim Employees During Ramadan

8 Mar

Employment

Guide For Employers – How To Support Your Muslim Employees During Ramadan

Read article Right Arrow

Employment immigration: news in brief | Winter 2024

29 Feb

Corporate & Commercial

Employment immigration: news in brief | Winter 2024

Read article Right Arrow