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Singer Capital Markets support FreeAgent from IPO to Acquisition

Singer Capital Markets act as Nominated Adviser and Sole Broker to FreeAgent on their IPO on AIM in November 2016 raising £10.7 million with a market capitalisation of £34.1 million.

About FreeAgent plc

FreeAgent provides micro businesses, defined as sole traders and companies with fewer than 10 employees and their accountants, with a dedicated SaaS solution that puts businesses in charge of their finances, allowing them to see the big picture and automatically generating their tax returns. FreeAgent caters for all of their business finance requirements, from time slips to tax returns and quality after-sales support.

Taking FreeAgent from IPO to Acquisiton

Singer Capital Markets acted as Nomad and Sole Broker on FreeAgent’s admission to AIM in November 2016

Singer Capital Markets raised £10.7 million on admission, with a market cap of £34.1 million

In March 2018, Singer Capital Markets support FreeAgent as Rule 3 Adviser for their Acquisition by RBS for £53 million

The transaction was RBS’ first Acquisition since the 2008 financial crash

"We are very pleased to have been admitted to trading on AIM – this is a transformational event for FreeAgent. I am delighted by the interest shown in FreeAgent by investors, resulting in our successful placing, and equally delighted to welcome on board our new shareholders."

Ed Molyneux

Chief Executive Officer of FreeAgent plc

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