Thomson Geer advises mining and infrastructure services company Tasmea on successful IPO

Thomson Geer has advised Australian mining and infrastructure services company Tasmea Limited on its successful initial public offering.

Tasmea raised A$59 million resulting in an indicative market capitalisation of approximately A$360 million.

Tasmea and its subsidiaries provide trade services to blue-chip companies in the mining and resources, oil and gas, power and renewables, defence and infrastructure, telecommunications and retail and waste and water industries.

It has four specialised service areas – Electrical, Mechanical, Civil and Water & Fluid.

Thomson Geer brought together a multidisciplinary team from across its offices to advise Tasmea on all aspects of the IPO including corporate advice and due diligence around intellectual property, employment, environment, property, finance and government.

The team was led by Partner Scott Gibson who said: "We are pleased to have been part of this significant moment for Tasmea which is the culmination of many years of strong performance. We look forward to continuing to work with the company as it delivers on its strategic plan for growth."

Funds raised in the IPO will be used for acquisitions and reducing debt.

Scott was supported by Partners Michael Ng and David Church, and Associate Kajal Parmar.

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