Squire Patton Boggs Advises on itim Group plc IPO on AIM

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Squire Patton Boggs has acted for WH Ireland Limited, as nomad and broker on the £48 million AIM IPO (and £8 million placing) of itim Group plc.

The team advising WH Ireland was led by partner Jayson Marks and involved lawyers from the capital markets practice in London and Manchester.

Established in 1993, itim is a disruptive SaaS-based solutions company that has developed its own proprietary end-to-end omni-channel modular platform, providing store-based retailers with the capability and flexibility to adapt to their customers evolving shopping habits. The funds raised will principally be used to advance the company’s growth strategy, taking advantage of the structural shifts in the retail sector following COVID-19, and to pay outstanding consideration on a previous acquisition.

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