Client results

MSL Solutions Limited
IPO and capital raise

MSL Solutions Limited (ASX: MPW) is an Australian based global provider of hosted, software as a service (SaaS) and on-site deployed solutions to clients in the sport, leisure and hospitality sector. MSL services member organisations across APAC, EMEA and North America through its head office in Brisbane and offices in Sydney, Melbourne, UK and Denmark.

The company’s MPower platform connects members’ business software and data needs to improve guest engagement, loyalty, gain business efficiencies and improve governance. MSL recently acquired Danish software provider Golfbox, continuing its expansion across Europe.

McCullough Robertson acted on a $17 million pre-IPO capital raise by way of convertible notes, which were used to fund acquisitions.

McCullough Robertson then advised MSL on its IPO, which closed oversubscribed, raising $15 million. MSL’s IPO had strong support from institutional and professional retail investors.

To find out more, contact Reece Walker.