Taking a company public is never a decision that is made lightly not only because of the onerous process that a flotation can involve but also because although it is often regarded as a natural and traditional exit route for investors in companies, it is not suitable for all.
The advantages of being a public listed entity, include greater access to capital, enhanced profile, increased liquidity for shareholders. The disadvantages include greater regulatory burden, increased reporting requirements, increased public scrutiny of operations and results and shareholder lock-ins.
We can help you decide whether flotation is right for your company and shareholders along with advising on timing and preparation.
RSM Tenon’s Public Companies team has a wealth of experience having been involved in IPOs and subsequent transactions with a deal value in excess of £2 billion. We have worked with companies from all over the world, including the Americas, Asia-Pacific and Europe and fully understand the issues facing both UK and overseas companies seeking to raise capital on the public markets.
RSM Tenon can offer you assistance with:
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Pre-IPO preparation and ‘grooming’ including deciding on the most appropriate market, making introductions to other advisers, sourcing pre-IPO funding or advising on the preparations needed to be undertaken pre-listing
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IPO support: depending on the requirements of the market, our team can provide the support that is needed throughout the listing process, for example acting as Reporting Accountant on AIM or Independent Accountants on ASX listings. Our team has experience of advising clients on market listings in Africa, the Americas, Asia-Pacific and Europe
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Post-IPO advisory services: listing is just the start; once a company has successfully gone public its requirements for further support may include assistance with follow-on acquisitions and placings or dual-listings, financial reporting, risk management and tax structuring or transfer pricing, to name but a few
Why would you need our support?
- You are interested in taking a company public and would like to discuss whether this is the best option for you and what the alternatives are
- You are a public company considering fund-raising, acquisitions or disposals
- You are a public company considering de-listing