Memery Crystal advises on admission to AIM of Smarttech247 Group plc and related fundraise

The Memery Crystal team was led by Corporate Partner Robert Bines-Black who was assisted by Corporate Solicitor Taibo Wang and Trainee Solicitor Menelaos Yiannakas. Euan Fergusson advised on certain option arrangements.

Robert Bines-Black commented: “We are delighted to have assisted Smarttech247 as they embark on an exciting new chapter. With a diverse portfolio that includes pharmaceutical, technology, industrial and services companies, the company expects to continue its expansion into new products and geographies. We look forward to working with the Smarttech247 team in the future and watching the company’s progress on the London market.”

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented: “Many thanks to the Memery Crystal team for their support in our listing process. The IPO marks an important milestone in the continued growth of Smarttech247 as it allows us to accelerate the growth of our operations globally.”

Founded by Ronan Murphy, the Smarttech247 group is led by a highly experienced Board and management team, with its head office located in Cork, Republic of Ireland, and operations in London, Belfast, Krakow and Bucharest, and a client base that operates in Europe and the USA. With a high focus on innovation, Smarttech247 aims to provide security solutions to a growing list of blue-chip clients (B2B) utilising an automated Managed Detection and Response Platform. The group’s services target proactive prevention for clients and utilise the latest methodology in cloud, big data analytics and machine learning, as well as incident response teams, to protect enterprises as they migrate to cloud-based IT operations.