We are delighted to have acted for UK-based financial data platform ADVFN on its cross-border acquisition of the capital markets division of ASX-listed Gumtree Australia.
The transaction included the acquisition of HotCopper, Australia's largest financial community platform, Stockhouse, one of North America's largest financial community platforms, and The Market Online (formerly The Market Herald).
The deal represents a major development for ADVFN as it continues to pursue its vision of empowering retail investors with enhanced tools, market insights, and vibrant financial forums, thereby positioning it at the forefront of financial technology.
Corporate/M&A partner, Paul Mayson, led the transaction with assistance from senior associate Douglas Brown and lawyer Marlow Bakous. The corporate team was supported by specialists from our Banking & Finance, Digital Economy, Property, and Employment teams, each advising on their respective areas of expertise.
Lander & Rogers congratulates ADVFN on this significant milestone, as well as Gumtree and its advisory team.
