Press Release
K&L Gates Advises Limeade on Australian Stock Exchange Debut, AUD$100 Million IPO
27 December 2019
Seattle - A team of lawyers from global law firm K&L Gates LLP advised longtime client and employee experience software company Limeade on its recent AUD$100 million initial public offering (IPO) on the Australian Stock Exchange (ASX: LME). Limeade’s securities began trading on the exchange platform on December 20, 2019.
Limeade helps organizations better care for their employees by unifying and delivering well-being, engagement, and inclusion solutions utilizing robust communications capabilities. Today, the company serves more than 175 companies with over 2.4 million users in 100 countries from offices in the U.S., Germany, and Canada. The IPO allows Limeade to invest in platform innovation, existing and future solutions, and continued growth in the U.S. and international markets.
Seattle emerging growth and venture capital partner Charlie Carter led the K&L Gates team that served as U.S. legal counsel to Limeade on the transaction, assisted by Seattle corporate associates Jonathan Miner and Greyson Blue along with a team of other lawyers and professionals.
“Having filed the articles of incorporation for Limeade almost a decade and a half ago, it was especially rewarding for me to be involved in this latest milestone for the company,” stated Carter. “I have enjoyed being a part of Limeade’s story, and believe this matter serves as another excellent example of our firm’s ability to assist growing clients through all stages of their life cycles.”
Henry Albrecht, founder and CEO of Limeade, commented: “K&L Gates has been a great long-term partner of Limeade. We rely on their counsel for our most important transactions, including financings and acquisitions, and also for ongoing support with customers, employees, and other operational matters.”
Lawyers in K&L Gates’ emerging growth and venture capital practice represent startup and growth stage companies across a variety of industries, from incorporation through liquidity events and beyond. The practice also represents the seed investors, individual and corporate venture capitalists, sovereign wealth funds, and family offices that finance these emerging businesses.
Limeade helps organizations better care for their employees by unifying and delivering well-being, engagement, and inclusion solutions utilizing robust communications capabilities. Today, the company serves more than 175 companies with over 2.4 million users in 100 countries from offices in the U.S., Germany, and Canada. The IPO allows Limeade to invest in platform innovation, existing and future solutions, and continued growth in the U.S. and international markets.
Seattle emerging growth and venture capital partner Charlie Carter led the K&L Gates team that served as U.S. legal counsel to Limeade on the transaction, assisted by Seattle corporate associates Jonathan Miner and Greyson Blue along with a team of other lawyers and professionals.
“Having filed the articles of incorporation for Limeade almost a decade and a half ago, it was especially rewarding for me to be involved in this latest milestone for the company,” stated Carter. “I have enjoyed being a part of Limeade’s story, and believe this matter serves as another excellent example of our firm’s ability to assist growing clients through all stages of their life cycles.”
Henry Albrecht, founder and CEO of Limeade, commented: “K&L Gates has been a great long-term partner of Limeade. We rely on their counsel for our most important transactions, including financings and acquisitions, and also for ongoing support with customers, employees, and other operational matters.”
Lawyers in K&L Gates’ emerging growth and venture capital practice represent startup and growth stage companies across a variety of industries, from incorporation through liquidity events and beyond. The practice also represents the seed investors, individual and corporate venture capitalists, sovereign wealth funds, and family offices that finance these emerging businesses.
K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.
