Simple Advisory Limited helps Woodcats raise $750m and list on the Junior Stock Exchange
KINGSTON, Jamaica — Fresh from supporting the successful offer for sale and initial public offer (IPO) of Woodcats International, business advisory firm Simple Advisory Limited (SAL) says it is positioning itself to play a stronger role in helping Jamaican companies access capital.
In a press release on Tuesday, SAL said it is expanding its market presence and is increasingly being engaged by small and medium enterprises (SMEs) seeking financing for expansion, capital expenditure, acquisitions, and debt restructuring.
Woodcats retained SAL as special consultant for its IPO and offer for sale. The team said acting as an independent advisor, SAL ensured an objective and efficient capital raise process that attracted over 9,000 investors and achieved full subscription within the target period.
Woodcats General Manager, Peter Douglas, was more than pleased with SAL’s performance saying, “Working with SAL made the fundraising process seamless. SAL allowed us the latitude to continue focusing on the operations of Woodcats while undergoing this pivotal fund raise.”
The company said it provided strategic oversight across valuation, prospectus development, public relations, and transaction timing. The firm also coordinated closely with key stakeholders, including attorneys, marketing partners and brokers, to ensure a successful outcome.