Date Posted:


Zeus Capital advises merchant bank on reverse takeover

29th October 2014

Zeus Capital has acted as financial adviser, nominated adviser and broker to MXC Capital on its £8.5m institutional fundraise and reverse takeover.

MXC is a specialist merchant bank with a track record of investing in and advising companies in the TMT sector. Its team brings together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which they combine to grow shareholder value.

Marc Young, CEO at MXC said:
“We see a significant opportunity for a merchant bank focused on the TMT sector that advises and invests as a principal: our track record of transactions already completed proves this. As significant shareholders the team are highly incentivised to grow the value of MXC. We aim to build the pre-eminent investment and advisory business in the sector, bringing value to the companies we engage with and enhanced returns for all our shareholders.”

John Goold, Chief Executive Officer at Zeus Capital said:
“We are delighted to have advised MXC on its’ fundraise, Reverse Takeover and Accelerated Whitewash. This was a complicated transaction involving a number of stakeholders, a significant amount of regulatory work and an FCA regulated entity. MXC is well capitalised and can look forward to taking advantage of a number opportunities they are seeing across the TMT sector.”