Argo Blockchain has completed a fundraise
March 2021 — Argo Blockchain has raised funds to purchase more mining rigs and accelerate growth.
Argo is a publicly traded blockchain technology company focused on large-scale cryptocurrency mining. The firm supports continued growth, innovation and function of the world’s top blockchain networks.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, acted as advisor and broker to Argo Blockchain, raising close to US$28m of the overall fundraise from a number of UK institutional funds. The team led the fundraise and coordinated the deal with two other brokers. finnCap’s book was significantly oversubscribed, which assisted in securing a successful placing price which the market and company were both happy with.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreTandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more