Liberum acts as Joint Bookrunner on the Merian Chrysalis Investment Company £95m Placing
We are pleased to announce that Liberum acted as Joint Bookrunner on a Placing to raise £95m for Merian Chrysalis. Numis acted as Joint Bookrunner alongside Liberum.
![Merian](/media/1101/merian.jpg)
The Placing will enable the Company’s Investment Adviser (Merian Global Investors) to execute on its pipeline of compelling investment opportunities, with a significant proportion of the net proceeds to be invested in You & Mr Jones LLC, and the remaining proceeds to be invested in other pipeline and follow-on investments. You & Mr Jones LLC is one of the world’s leading marketing technology groups, delivering enterprise-level marketing technology solutions to the world’s biggest brands and operates in a sector poised for disruption.
Merian Chrysalis IPO’d in November 2018 raising £100m to invest in pre-IPO companies. Since IPO, share price performance has been strong and the Company raised a further £100m and £175m through placings of ordinary shares in April 2019 and September 2019 respectively. Following the Placing, Liberum has helped the Company raise a total of £470m from IPO.
Liberum Team
Board – David Parsons
Investment Banking – Gillian Martin, Owen Matthews, Louis Davies, Nikhil Varghese, Anthony Schia
Sales - Andrew Davies, Anastasia Mikhailova, Jack Kershaw
Legal – Rebecca Gordon, Alice Foster
CIR – Georgina Wood