Pitmans Law advises joint brokers of Taptica on placing

Pitmans Law announced today that it advised finnCap and Berenberg, joint brokers, on a placing of new and existing shares in Taptica International Ltd, to raise gross proceeds of approximately US$ 55 million.

Based in Israel, Taptica is an AIM listed global end-to-end mobile advertising platform that helps brands to reach users through data-focused marketing solutions. They work with a number of Fortune 500 brands including Disney, Starbucks and HBO. The company recently won the International Company of the Year award at the 2017 AIM awards following a period of huge growth which saw their revenue jump 27% in the first 6 months of 2017 and their share price trebled by the end of 2017.

Pitmans Law corporate partner Oliver Pilkington acted on the transaction and said: “It was a delight to work with Berenberg for the first time as well as with finnCap again with whom we’ve enjoyed working on numerous successful transactions.”