Wilsons Advisory is pleased to have acted as Sole Lead Manager and Underwriter to ReadyTech Holdings Limited (“ReadyTech”) $25.0 million capital raising.
The capital raised will provide ReadyTech with funding certainty to allow finalisation of due diligence and to potentially part fund the acquisition of Open Office, a leading local and state government and justice case management provider. The acquisition opportunity would provide an opportunity for ReadyTech to enter the local government and state government and justice sectors and add a third vertical to its current suite of offerings.
“We saw strong investor support for the placement, reflecting a high quality acquisition opportunity and wider support for ReadyTech’s growth strategy” said, Robert Snow, Head of Corporate Finance at Wilsons Advisory. “Our role in the capital raising continues Wilsons Advisory’ ongoing support for ReadyTech since its IPO and we look forward to continuing to work with Marc Washbourne and Nimesh Shah and the wider ReadyTech team”.
For more information contact:
Head of Corporate Finance, Rob Snow
rob.snow@wilsonsadvisory.com.au / (02) 8247 6645;
Head of Corporate Finance Origination, Richard Sherman richard.sherman@wilsonsadvisory.com.au / (03) 9640 3879
About Wilsons Advisory: Wilsons Advisory is a financial advisory firm focused on delivering strategic and investment advice for people with ambition – whether they be a private investor, corporate, fund manager or global institution. Its client-first, whole of firm approach allows Wilsons Advisory to partner with clients for the long-term and provide the wide range of financial and advisory services they may require throughout their financial future. Wilsons Advisory is staff-owned and has offices across Australia.
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