2017’s largest ASX tech IPO succeeds with DLA Piper’s help

The deal built on the firm’s strong cross-border fintech equity capital markets expertise

2017’s largest ASX tech IPO succeeds with DLA Piper’s help
DLA Piper has helped make the largest technology IPO on the ASX a reality.

The global law firm advised US fintech company Credible Loans on its $300m IPO and listing on the ASX.

The firm relied on its strong cross-border fintech equity capital markets (ECM) expertise to aid in the transaction, said David Ryan, who heads the firm’s corporate team in Sydney.

The DLA Piper team was led by Ryan and partner Catherine Merity, an ECM specialist. They were supported by senior associate Kelly Morrison, solicitor Olivia Wild and graduate Jessica Noakesmith.

San Francisco-based Credible was established in 2012 by Australian entrepreneur Stephen Dash. It owns and operates an online real-time loan comparison platform. Credible started with student loan refinancing, but has since expanded to student loan origination and personal loans.

Bell Potter Securities was the lead manager and underwriter of the transaction.


Related stories:
International firm launches tax practice with lateral hire
Global firm snags rival’s HK employment chief

Recent articles & video

Former RLC CEO announced as first-ever CEO of Indigenous children’s charity

G+T guides Peregrine Corporation on $1.15bn sale of OTR Group to Viva Energy

Clayton Utz coaches Isentia to Federal Court win over ANC

ALRC calls for submissions to sexual violence inquiry

New report reveals key trends in global corporate legal departments in 2024

K&L Gates lures JWS M&A partner

Most Read Articles

QIC GC joins HSF as executive counsel

Lander & Rogers spotlights South Sudanese artist in Gallery Project 35 exhibit

DLA Piper helps Indian tech company to boost customer service offering with acquisition

Allens helps Pacific Energy boost renewable energy project investment