Made Tech: £180.7 million IPO - Singer Capital Markets

Home Made Tech: £180.7 million IPO

Made Tech

Singer Capital Markets is delighted to have acted as Nominated Adviser, Joint Bookrunner & Broker to Made Tech Group (MTEC.LN) on its £180.7 million IPO, raising £85.4 million on admission.

£1807.7 million IPO raising £85.4 million on admission

In 2021 Made Tech successfully listed on the AIM Market, raising £85.4 million on admission in a significantly oversubscribed Placing and with a market capitalisation of £180.7 million. Singer Capital Markets acted as Nominated Adviser, Joint Bookrunner and Joint Broker to Made Tech on its successful IPO. Following the close of the second day of trading, Made Tech’s share price increased by c.15% as a result of the strong liquidity in the secondary market.

About Made Tech

Made Tech provides services that enable central government, healthcare, and local government organisations to digitally transform. Founded in 2008 by the CEO, Rory Macdonald, the primary clients of the Group are the departments, agencies and arm’s length bodies of UK Government. Made Tech has a number of high-profile clients, including the Home Office, DVLA, HMRC, Department for Education and the Ministry of Justice.

Our mission is focused on improving public sector technology. Becoming a publicly-listed company will raise the profile of Made Tech and enhance our ability to serve our existing clients across UK Government. In addition, it will support the next stage of our development as we seek to diversify our offer to customers, open new offices across the UK and hire senior business leaders to drive our expansion. We are extremely excited about this next stage of Made Tech's journey.