DLA Piper advises WANdisco on £19m placing

DLA Piper has advised WANdisco on a £19m placing, issuing two million shares to capitalise on growth opportunities, especially in ‘big data’.

DLA Piper previously advised WANdisco on its fundraising on London’s AIM market in the first UK initial public offering of an open-source software company, raising £15m.

The DLA Piper team acting on the transaction was led by Jon Kenworthy, a partner in the corporate practice who has particular expertise in initial and secondary public equity offerings. Kenworthy worked alongside partner Rob McKie, also in corporate.