Press releases | Corporate and M&A, US Securities | 24 Nov 2015

£126.3 million firm placing by NCC Group plc

Overview

Travers Smith corporate partner Richard Spedding has advised Peel Hunt in its capacity as sponsor, corporate broker and joint financial adviser to NCC Group plc, in connection with the £126.3 million firm placing and placing & open offer by NCC Group plc. 

The proceeds will be used to part fund the €133.25 million acquisition of Fox-IT Holding B.V. Peel Hunt has fully underwritten the issue.

NCC Group is a global information assurance specialist providing organisations worldwide with escrow, verification, security consulting, web performance and domain services.

The Travers Smith team included US securities partner Charles Casassa and senior associate Dan McNamee, and corporate associate Helen Davies.

NCC Group plc was advised by Eversheds LLP.