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£72 million AIM IPO and £75 million raised since admission

Singer Capital Markets acted as Nominated Adviser and Sole Broker to essensys on their £72 million AIM IPO raising £28 million on admission in an oversubscribed fundraise.

About essensys

essensys is the leading global provider of mission-critical SaaS platforms and on-demand cloud services to the high growth flexible workspace industry.

essensys’ software is specifically designed and developed to help solve the complex operational challenges faced by multi-site flexible workspace operators as they grow and scale their operations.

The IPO process – raising £28 million in an oversubscribed fundraise

Singer Capital Markets acted as Nomad and Sole Broker on essensys’ admission to AIM in May 2019

Singer Capital Markets raised £28 million on admission in an oversubscribed fundraise, exceeding the targeted amount of £18 million

Proceeds were used to repay all outstanding debt, support organic growth and fund future M&A opportunities

Singer Capital Markets has since raised an additional £47 million for the company through two secondary Placings in April ’20 & Jul ‘21

10 Institutions

were targeted who could underwrite the transaction

Pre – marketing

Demo and Capital Markets Day during pre-marketing

74 Investors

were met with c. 50% conversion to orders


oversubcribed fundraise on admission, exceeding the targeted amount by £10 million

"What we realised very early on in the process is that actually the markets are always open for solid, strong, good businesses with great forward opportunity, and that’s been realised for us in the result of our IPO."

Mark Furness

Chief Executive Officer of essensys

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