MyDeal.com.au (ASX:MYD) has completed an IPO

MyDeal.com.au Ltd has completed an initial public offering (IPO) to raise US$29.4 million under the ticker ASX:MYD, which values the company at a market cap of approximately US$191 million. The IPO was strongly supported by several well-known institutional investors and family offices, with Morgans and RBC acting as joint lead managers and underwriters.

MyDeal is a pure-play Australian e-commerce retail marketplace specializing in household goods such as furniture and homeware.

Oaklins’ team in Australia acted as corporate advisor in this transaction.

Service

Funding, debt advisory & ECM

Parties

“I worked with the Oaklins team for three years prior to the IPO and sought their advice around M&A opportunities and private raisings. Consequently, they were a natural fit to act as corporate advisor at the IPO. They have always supplied great advice, connections and insight to all aspects of capital markets. The actual IPO had been planned for some time and the team was extremely nimble in changing the parameters to assist us in getting to market not long after COVID-19 hit. I look forward to working with them on the next phase of our journey as a listed company.”

Sean Senvirtne

Founder and CEO, MyDeal.com.au Ltd

Talk to the deal team

Ryan Whitelegg

Managing Director

Melbourne, Australia
Oaklins Henslow

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Chris Tait

Managing Director

Melbourne, Australia
Oaklins Henslow

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