HWL Ebsworth ranked first in Australia for number of completed ECM deals

07 February 2020

The release of Refinitiv’s (previously Thomson Reuters) league tables has placed HWL Ebsworth in the top spot having advised on the highest number of ECM deals in Australia. Results in Refinitiv’s Global Capital Markets Review show HWL Ebsworth advised on the highest volume of announced Equity & Equity-related deals in the Australian market in 2019, valued at $US 845.8 million.

It is an impressive feat, having moved up from the position of 10th in 2018 and confirms HWL Ebsworth’s increased share of the market. The firm’s steady growth and increasing activity in the capital markets space was bolstered with the merger of Perth corporate law firm, Bellanhouse, last year.

This result follows a year of strong ECM performance with an increase in underwritten capital raisings and IPOs. HWL Ebsworth’s corporate team advised on 6 IPOs in 2019 representing 10% of the Australian market, which included Whispir Ltd’s $47 million IPO. High profile capital raisings included Centuria Metropolitan REIT, Ingenia Communities Group, New Century Resources Ltd and Centuria Capital Goup.

In addition, Refinitiv reported that HWL Ebsworth advised on the 2nd highest number of announced small cap M&A deals and 6th highest number of announced mid-market M&A deals in 2019.

HWL Ebsworth Corporate Partner Bryn Hardcastle commented that:

“Despite challenging global equity capital markets in 2019, our team experienced significant growth with a steady flow of transactions across a broad range of industry sectors including mining and resources, technology, financial industries and medicinal cannabis.

Bryn continued,

These results reflect the strength and capability of our team and show that clients are increasingly turning to us for their corporate work. We are well positioned to continue to advise on ECM and corporate transactions in the next 12 months due to the fully integrated nature of the firm and the cost effective business model that delivers results for our clients in challenging markets.”

Note to Editors:

HWL Ebsworth is the largest legal partnership in Australia according to the most recent partnership surveys published by The Australian and the Australian Financial Review and is the only commercial law firm with an office in every Australian State and Territory.

HWL Ebsworth is an independent, nationally integrated, full service commercial law firm, providing tailored and commercially oriented legal services.

HWL Ebsworth operates a different business model to the other leading national law practices, and this allows us to offer unrivalled value for money without compromising quality and service. Our low ratio of solicitors to partners ensures that our clients receive optimal access to partner resources for all matters.

For further information, please contact:

Russell Mailler, National Marketing Manager (03) 8644 3569 or rmailler@hwle.com.au

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